1940 Midway RdMurrayvilleIL62668
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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 Murrayville at 1940 Midway Rd, Murrayville, IL, 62668 earns $45/mo cash flow from $1,432/mo rent with a $979/mo payment. Total monthly income totals $1,432/mo, and annual cash flow totals $536/yr on $66,300 capital. ROI tracks 20.72% on current figures, and rental yield reads 8.59% at a $200,000 purchase. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,256 over five years. Five-year ROI reaches 108.17% and total cumulative return in cash sums $71,720. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,432/mo property income instead of your personal income.
Single Family
Built in 1988
1.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62668, Murrayville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 646 (100%) |
| Owner Occupied HU | 507 (78.5%) |
| Renter Occupied HU | 73 (11.3%) |
| Vacant Housing Units | 66 (10.2%) |
| Median Home Value | $154,167 |
| Average Home Value | $191,484 |
Housing Distribution
Address Breakdown
Residential
487
Single Family
487
Multi-Family
0
Businesses
13
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Listed by: Jess Spradlin • Spradlin Auction & Real Estate
Mls Name: RMLS Alliance
Mls ID: #CA1040387