20001 Corinth RdPittsburgIL62974
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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 Pittsburg at 20001 Corinth Rd, Pittsburg, IL, 62974 uses $49,360 cash to close to unlock $1,944/yr annual cash flow and $162/mo monthly cash flow. Total monthly income runs $1,195/mo, and a $729/mo payment keeps the spread at $162/mo. Purchase price stands at $148,900, and rental yield measures 9.63% with $1,195/mo rent. Return on cash invested shows 23.85% in year one, and 5% annual appreciation builds toward $41,138 over five years. Five-year ROI reaches 124.93% and total cumulative return in cash records $61,665. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,195/mo property income covering a $729/mo payment rather than investor’s personal income.
Manufactured
Built in 2004
2.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62974, Pittsburg, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 551 (100%) |
| Owner Occupied HU | 440 (79.9%) |
| Renter Occupied HU | 49 ( 8.9%) |
| Vacant Housing Units | 62 (11.3%) |
| Median Home Value | $220,000 |
| Average Home Value | $233,699 |
Housing Distribution
Address Breakdown
Residential
527
Single Family
527
Multi-Family
0
Businesses
25
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