202 N Walnut St, Sheffield, IL, 61361 | 7.27% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1600 sft

324 S Cottage St, Kewanee, IL, 61443

3 Bed
2 Bath
1408 sft

501 W Main St, Toulon, IL, 61483

5 Bed
2 Bath
2200 sft

331 Liberty St, Walnut, IL, 61376

3 Bed
2 Bath
1610 sft

1007 W Farnham St, Princeton, IL, 61356

Nearby investment properties with comparable prices

Motivated Seller+ 1 more

3 Bed
2 Bath
1200 sft

13 Birch Dr, Putnam, IL, 61560

2 Bed
2 Bath
1308 sft

920 Sunshine Dr, Princeton, IL, 61356

3 Bed
2 Bath
1820 sft

3 Downey Ct, Putnam, IL, 61560

4 Bed
1 Bath
1302 sft

20489 N 1800th Ave, Atkinson, IL, 61235

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Sheffield at 202 N Walnut St, Sheffield, IL, 61361 offers a 7.27% rental yield on a $205,000 purchase with $1,242/mo rent. 74% in year one. Equity gained on principal adds $1,323/yr while 5% annual appreciation supports $56,638 over five years. Portfolio math shows five-year ROI at 86.83% and total cumulative return in cash at $59,010. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,242/mo property income against a $1,003/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1897

9,583 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 61361, Sheffield, IL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	700 (100%)
Owner Occupied HU	506 (72.3%)
Renter Occupied HU	137 (19.6%)
Vacant Housing Units	57 ( 8.1%)
Median Home Value	$128,000
Average Home Value	$175,455