1640 Old Highway 67ChapinIL62628
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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 Chapin at 1640 Old Highway 67, Chapin, IL, 62628 earns $60/mo cash flow from $2,092/mo rent with a $1,434/mo payment. Total monthly income totals $2,092/mo, and annual cash flow totals $720/yr on $97,096 capital. ROI tracks 20.65% on current figures, and rental yield reads 8.57% at a $292,900 purchase. Equity gained on principal adds $1,890/yr, and 5% annual appreciation supports $80,923 over five years. Five-year ROI reaches 107.78% and total cumulative return in cash sums $104,655. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,092/mo property income instead of your personal income.
Single Family
Built in 1996
2.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62628, Chapin, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 360 (100%) |
| Owner Occupied HU | 290 (80.6%) |
| Renter Occupied HU | 50 (13.9%) |
| Vacant Housing Units | 20 ( 5.6%) |
| Median Home Value | $117,788 |
| Average Home Value | $172,405 |
Housing Distribution
Address Breakdown
Residential
253
Single Family
253
Multi-Family
0
Businesses
21
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