202 N Market StBondvilleIL61815
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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 Bondville at 202 N Market St, Bondville, IL, 61815 offers $1,409/mo rent that, after a $1,077/mo payment. Total monthly income is $1,409/mo. Return on cash invested measures 17.98% in year one, and rental yield stands at 7.69% at a $220,000 entry. Equity gained on principal adds $1,420/yr while 5% annual appreciation compounds into $60,782 by year five. Five-year ROI records 93.47% and total cumulative return in cash reaches $68,171. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,409/mo property income versus a $1,077/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1915
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61815, Bondville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 195 (100%) |
| Owner Occupied HU | 127 (65.1%) |
| Renter Occupied HU | 48 (24.6%) |
| Vacant Housing Units | 20 (10.3%) |
| Median Home Value | $226,563 |
| Average Home Value | $286,988 |
Housing Distribution
Address Breakdown
Residential
131
Single Family
131
Multi-Family
0
Businesses
14
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