203 E 5th StKinmundyIL62854
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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 Kinmundy at 203 E 5th St, Kinmundy, IL, 62854 uses $49,725 cash to close to unlock $4,120/yr annual cash flow and $343/mo monthly cash flow. Total monthly income runs $1,404/mo, and a $734/mo payment keeps the spread at $343/mo. Purchase price stands at $150,000, and rental yield measures 11.23% with $1,404/mo rent. Return on cash invested shows 28.2% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 148.5% and total cumulative return in cash records $73,842. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,404/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 2021
1.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62854, Kinmundy, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 737 (100%) |
| Owner Occupied HU | 558 (75.7%) |
| Renter Occupied HU | 104 (14.1%) |
| Vacant Housing Units | 75 (10.2%) |
| Median Home Value | $126,220 |
| Average Home Value | $188,925 |
Housing Distribution
Address Breakdown
Residential
646
Single Family
646
Multi-Family
0
Businesses
42
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Listed by: Angela Diss • Real Broker LLC
Mls Name: MARIS
Mls Provider:
Mls ID: #25047140
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