18475 Ward Kennedy LnRushvilleIL62681
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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 Rushville at 18475 Ward Kennedy Ln, Rushville, IL, 62681 generates $3,304/mo in rent and, after a $1,610/mo payment, leaves $1,022/mo in cash flow. Total monthly income is $3,304/mo, and annual cash flow is $12,267/yr on $109,064 invested. Return on cash invested sits at 31.16% in year one, and rental yield is 12.05% on a $329,000 entry. Equity gained on principal adds $2,123/yr, while 5% annual appreciation builds toward $90,897 over five years. Five-year ROI reaches 164.16% and total cumulative return in cash sums $179,037. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,304/mo property income rather than buyer’s personal income.
Single Family
Built in 1978
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62681, Rushville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,416 (100%) |
| Owner Occupied HU | 1,589 (65.8%) |
| Renter Occupied HU | 455 (18.8%) |
| Vacant Housing Units | 372 (15.4%) |
| Median Home Value | $120,109 |
| Average Home Value | $152,086 |
Housing Distribution
Address Breakdown
Residential
2,190
Single Family
2,159
Multi-Family
31
Businesses
227
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Listed by: Lance Grady • LG Realty
Mls Name: Quincy AOR
Mls Provider:
Mls ID: #203467
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.