201 Mason StPittsfieldIL62363
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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 Pittsfield at 201 Mason St, Pittsfield, IL, 62363 priced at $120,000 converts $1,022/mo rent into $190/mo cash flow after a $587/mo obligation. Total monthly income equals $1,022/mo, and annual cash flow totals $2,280/yr on $39,780 invested. Return on cash invested prints 25.64% in year one, and rental yield reads 10.22% against a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,154 by year five. Five-year ROI reaches 134.56% and total cumulative return in cash sums $53,527. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,022/mo property income covering a $587/mo payment, not borrower’s personal income.
Single Family
Built in 1951
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62363, Pittsfield, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,738 (100%) |
| Owner Occupied HU | 1,786 (65.2%) |
| Renter Occupied HU | 576 (21.0%) |
| Vacant Housing Units | 376 (13.7%) |
| Median Home Value | $141,274 |
| Average Home Value | $166,190 |
Housing Distribution
Address Breakdown
Residential
2,402
Single Family
2,381
Multi-Family
21
Businesses
304
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Listed by: Roger Hall • Ridgeline Sales Group, LLC
Mls Name: My State MLS
Mls ID: #11471755