2 Hillcrest DrWest SalemIL62476
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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 West Salem at 2 Hillcrest Dr, West Salem, IL, 62476 priced at $125,000 pairs $977/mo rent with $110/mo cash flow after a $612/mo payment. Total monthly income equals $977/mo, and annual cash flow comes to $1,317/yr on $41,438 invested. Return on cash invested is 23.09% in year one, and rental yield stands at 9.38% on a $125,000 basis. Equity gained on principal adds $807/yr, and 5% annual appreciation accumulates to $34,535 by year five. Five-year ROI measures 120.89% and total cumulative return in cash reaches $50,093. For financing, Ziffy Mortgage’s DSCR program evaluates $977/mo property income against a $612/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62476, West Salem, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 731 (100%) |
| Owner Occupied HU | 551 (75.4%) |
| Renter Occupied HU | 84 (11.5%) |
| Vacant Housing Units | 96 (13.1%) |
| Median Home Value | $123,026 |
| Average Home Value | $166,066 |
Housing Distribution
Address Breakdown
Residential
686
Single Family
686
Multi-Family
0
Businesses
40
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Listed by: Rhonda Colyer • Integrity Realty & Auctions
Mls Name: My State MLS
Mls ID: #11365114