1638 Knox Highway 15DahindaIL61428
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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 Dahinda at 1638 Knox Highway 15, Dahinda, IL, 61428 uses $101,074 cash to close to unlock $2,142/yr annual cash flow and $179/mo monthly cash flow. Total monthly income runs $2,293/mo, and a $1,492/mo payment keeps the spread at $179/mo. Purchase price stands at $304,900, and rental yield measures 9.02% with $2,293/mo rent. Return on cash invested shows 22.03% in year one, and 5% annual appreciation builds toward $84,238 over five years. Five-year ROI reaches 115.19% and total cumulative return in cash records $116,426. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,293/mo property income covering a $1,492/mo payment rather than investor’s personal income.
Single Family
Built in 1975
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61428, Dahinda, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 930 (100%) |
| Owner Occupied HU | 457 (49.1%) |
| Renter Occupied HU | 28 ( 3.0%) |
| Vacant Housing Units | 445 (47.8%) |
| Median Home Value | $254,310 |
| Average Home Value | $285,711 |
Housing Distribution
Address Breakdown
Residential
576
Single Family
576
Multi-Family
0
Businesses
15
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Listed by: Brittany Kirven • Charter Oak Realty
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1251999
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.