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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Andalusia at 204 7th St W, Andalusia, IL, 61232 listed at $169,900 pairs $1,297/mo rent with a $832/mo payment to leave $118/mo cash flow. Total monthly income runs $1,297/mo, and annual cash flow reaches $1,417/yr on $56,322 cash to close. Return on cash invested measures 22.43% in year one, and rental yield registers 9.16% at a $169,900 basis. Equity gained on principal adds $1,096/yr, and annual property appreciation at 5% supports $46,940 by year five. Five-year ROI tracks 117.38% and total cumulative return in cash totals $66,110. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,297/mo property income relative to a $832/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1971
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 61232, Andalusia, IL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 569 (100%) |
| Owner Occupied HU | 486 (85.4%) |
| Renter Occupied HU | 60 (10.5%) |
| Vacant Housing Units | 23 ( 4.0%) |
| Median Home Value | $225,581 |
| Average Home Value | $223,498 |
Residential
404
Single Family
404
Multi-Family
0
Businesses
34
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Tyler Fuhr • RE/MAX Concepts Moline
Mls Name: RMLS Alliance
Mls ID: #QC4265625
