203 NW 4th StCaseyIL62420
Nearby investment properties with comparable rents
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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 Casey at 203 NW 4th St, Casey, IL, 62420 priced at $159,000 converts $1,206/mo rent into $103/mo cash flow after a $778/mo obligation. Total monthly income equals $1,206/mo, and annual cash flow totals $1,240/yr on $52,709 invested. Return on cash invested prints 22.26% in year one, and rental yield reads 9.1% against a $159,000 entry. Equity gained on principal adds $1,026/yr, while 5% annual appreciation compiles into $43,929 by year five. Five-year ROI reaches 116.5% and total cumulative return in cash sums $61,404. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,206/mo property income covering a $778/mo payment, not borrower’s personal income.
Single Family
Built in 1920
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62420, Casey, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,027 (100%) |
| Owner Occupied HU | 1,431 (70.6%) |
| Renter Occupied HU | 334 (16.5%) |
| Vacant Housing Units | 262 (12.9%) |
| Median Home Value | $130,452 |
| Average Home Value | $181,298 |
Housing Distribution
Address Breakdown
Residential
1,846
Single Family
1,843
Multi-Family
3
Businesses
193
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