1681 County Road 700 NPhiloIL61864
Nearby investment properties with comparable rents
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
Rental property for sale in Philo at 1681 County Road 700 N, Philo, IL, 61864 generates $4,093/mo in rent and, after a $2,325/mo payment, leaves $798/mo in cash flow. Total monthly income is $4,093/mo, and annual cash flow is $9,578/yr on $157,463 invested. Return on cash invested sits at 25.99% in year one, and rental yield is 10.34% on a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 136.46% and total cumulative return in cash sums $214,879. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,093/mo property income rather than buyer’s personal income.
Single Family
Built in 1990
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61864, Philo, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 684 (100%) |
| Owner Occupied HU | 593 (86.7%) |
| Renter Occupied HU | 71 (10.4%) |
| Vacant Housing Units | 20 ( 2.9%) |
| Median Home Value | $257,012 |
| Average Home Value | $274,949 |
Housing Distribution
Address Breakdown
Residential
487
Single Family
487
Multi-Family
0
Businesses
40
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices