1706 Douglas StCharlestonIL61920
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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
Rental property for sale in Charleston at 1706 Douglas St, Charleston, IL, 61920 priced at $205,000 pairs $1,020/mo rent with after a $1,003/mo payment. Total monthly income equals $1,020/mo. Return on cash invested is 12.82% in year one, and rental yield stands at 5.97% on a $205,000 basis. Equity gained on principal adds $1,323/yr, and 5% annual appreciation accumulates to $56,638 by year five. Five-year ROI measures 65.84% and total cumulative return in cash reaches $44,742. For financing, Ziffy Mortgage’s DSCR program evaluates $1,020/mo property income against a $1,003/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61920, Charleston, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,918 (100%) |
| Owner Occupied HU | 4,689 (47.3%) |
| Renter Occupied HU | 3,790 (38.2%) |
| Vacant Housing Units | 1,439 (14.5%) |
| Median Home Value | $156,599 |
| Average Home Value | $197,069 |
Housing Distribution
Address Breakdown
Residential
9,340
Single Family
7,831
Multi-Family
1,509
Businesses
683
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Listed by: Kristen Hutchinson • All-American Realty
Mls Name: CIBR
Mls Provider:
Mls ID: #6251143
Disclaimer: Copyright Central Illinois Board of REALTORS (CIBR). All rights reserved. Information is deemed reliable but not guaranteed.