16304 N 2nd StChillicotheIL61523
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Chillicothe at 16304 N 2nd St, Chillicothe, IL, 61523 earns $119/mo cash flow from $917/mo rent with a $563/mo payment. Total monthly income totals $917/mo, and annual cash flow totals $1,430/yr on $38,123 capital. ROI tracks 23.66% on current figures, and rental yield reads 9.57% at a $115,000 purchase. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 over five years. Five-year ROI reaches 124.05% and total cumulative return in cash sums $47,289. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $917/mo property income instead of your personal income.
Single Family
Built in 1977
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61523, Chillicothe, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,008 (100%) |
| Owner Occupied HU | 3,712 (74.1%) |
| Renter Occupied HU | 881 (17.6%) |
| Vacant Housing Units | 415 ( 8.3%) |
| Median Home Value | $197,605 |
| Average Home Value | $245,063 |
Housing Distribution
Address Breakdown
Residential
4,684
Single Family
4,458
Multi-Family
226
Businesses
264
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Listed by: Merle W Ice • American Veteran Realty LLC
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1260352
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.