17677 Monroe RdJohnston CityIL62951
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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 Johnston City at 17677 Monroe Rd, Johnston City, IL, 62951 generates $800/mo in rent, after a $507/mo payment. Total monthly income is $800/mo. Return on cash invested sits at 19.8% in year one, and rental yield is 9.28% on a $103,500 entry. Equity gained on principal adds $668/yr, while 5% annual appreciation builds toward $28,595 over five years. Five-year ROI reaches 104.33% and total cumulative return in cash sums $35,795. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $800/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
6 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62951, Johnston City, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,422 (100%) |
| Owner Occupied HU | 1,604 (66.2%) |
| Renter Occupied HU | 504 (20.8%) |
| Vacant Housing Units | 314 (13.0%) |
| Median Home Value | $101,029 |
| Average Home Value | $154,119 |
Housing Distribution
Address Breakdown
Residential
2,267
Single Family
2,267
Multi-Family
0
Businesses
140
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Listed by: Cheryl Winters • Above & Beyond Realty
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB455918
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.