1641 State Highway 128ShelbyvilleIL62565
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Nearby investment properties with comparable prices
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 Shelbyville at 1641 State Highway 128, Shelbyville, IL, 62565 earns from $880/mo rent with a $1,223/mo payment. Total monthly income totals $880/mo. ROI tracks 7.55% on current figures, and rental yield reads 4.23% at a $249,900 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 over five years. Five-year ROI reaches 37.56% and total cumulative return in cash sums $31,118. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $880/mo property income instead of your personal income.
Single Family
Built in 1935
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62565, Shelbyville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,640 (100%) |
| Owner Occupied HU | 2,421 (66.5%) |
| Renter Occupied HU | 797 (21.9%) |
| Vacant Housing Units | 422 (11.6%) |
| Median Home Value | $172,283 |
| Average Home Value | $222,582 |
Housing Distribution
Address Breakdown
Residential
3,282
Single Family
3,187
Multi-Family
95
Businesses
314
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Nearby investment properties with comparable prices
Listed by: Tony Lape • RE/MAX Properties
Mls Name: CIBR
Mls Provider:
Mls ID: #6249200
Disclaimer: Copyright Central Illinois Board of REALTORS (CIBR). All rights reserved. Information is deemed reliable but not guaranteed.