1903 E 6th StCoal ValleyIL61240
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
Investment property for sale in Coal Valley at 1903 E 6th St, Coal Valley, IL, 61240 uses $61,294 cash to close to unlock $1,530/yr annual cash flow and $128/mo monthly cash flow. Total monthly income runs $1,410/mo, and a $905/mo payment keeps the spread at $128/mo. Purchase price stands at $184,900, and rental yield measures 9.15% with $1,410/mo rent. Return on cash invested shows 22.41% in year one, and 5% annual appreciation builds toward $51,084 over five years. Five-year ROI reaches 117.22% and total cumulative return in cash records $71,851. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,410/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in 1963
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61240, Coal Valley, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,581 (100%) |
| Owner Occupied HU | 2,192 (84.9%) |
| Renter Occupied HU | 233 ( 9.0%) |
| Vacant Housing Units | 156 ( 6.0%) |
| Median Home Value | $248,118 |
| Average Home Value | $247,075 |
Housing Distribution
Address Breakdown
Residential
2,516
Single Family
2,516
Multi-Family
0
Businesses
104
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Andria Henning • Epique Realty
Mls Name: RMLS Alliance
Mls ID: #QC4267656