1702 15th StViolaIL61486
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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 Viola at 1702 15th St, Viola, IL, 61486 listed at $100,000 pairs $775/mo rent with a $489/mo payment to leave $82/mo cash flow. Total monthly income runs $775/mo, and annual cash flow reaches $982/yr on $33,150 cash to close. Return on cash invested measures 22.87% in year one, and rental yield registers 9.3% at a $100,000 basis. Equity gained on principal adds $645/yr, and annual property appreciation at 5% supports $27,628 by year five. Five-year ROI tracks 119.69% and total cumulative return in cash totals $39,676. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $775/mo property income relative to a $489/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1993
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61486, Viola, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 676 (100%) |
| Owner Occupied HU | 516 (76.3%) |
| Renter Occupied HU | 90 (13.3%) |
| Vacant Housing Units | 70 (10.4%) |
| Median Home Value | $143,750 |
| Average Home Value | $184,753 |
Housing Distribution
Address Breakdown
Residential
438
Single Family
430
Multi-Family
8
Businesses
40
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