199 E Knox Rd #800-ELondon MillsIL61544
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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
Total monthly income runs $997/mo, and a $832/mo payment. Purchase price stands at $169,900, and rental yield measures 7.04% with $997/mo rent. Return on cash invested shows 16.03% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 83.12% and total cumulative return in cash records $46,814. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $997/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in 1900
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61544, London Mills, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 321 (100%) |
| Owner Occupied HU | 234 (72.9%) |
| Renter Occupied HU | 41 (12.8%) |
| Vacant Housing Units | 46 (14.3%) |
| Median Home Value | $108,824 |
| Average Home Value | $158,675 |
Housing Distribution
Address Breakdown
Residential
185
Single Family
185
Multi-Family
0
Businesses
10
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Listed by: Trudy Stuckey • Gorsuch Realty & Auction
Mls Name: RMLS Alliance
Mls ID: #PA1260269