205 E Cole StHeyworthIL61745
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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 Heyworth at 205 E Cole St, Heyworth, IL, 61745 listed at $199,900 pairs $720/mo rent with a $978/mo payment. Total monthly income runs $720/mo. Return on cash invested measures 7.85% in year one, and rental yield registers 4.32% at a $199,900 basis. Equity gained on principal adds $1,290/yr, and annual property appreciation at 5% supports $55,229 by year five. Five-year ROI tracks 39.12% and total cumulative return in cash totals $25,921. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $720/mo property income relative to a $978/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1898
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61745, Heyworth, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,673 (100%) |
| Owner Occupied HU | 1,376 (82.2%) |
| Renter Occupied HU | 221 (13.2%) |
| Vacant Housing Units | 76 ( 4.5%) |
| Median Home Value | $247,541 |
| Average Home Value | $289,935 |
Housing Distribution
Address Breakdown
Residential
1,572
Single Family
1,572
Multi-Family
0
Businesses
71
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