207 E Cherokee St, Morrisonville, IL, 62546 | $150/mo Cash Flow

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
1 Bath
1204 sft

318 S Curtis St, Edinburg, IL, 62531

3 Bed
1 Bath
1016 sft

25 Elm Tree Ct, Taylorville, IL, 62568

2 Bed
2 Bath
1920 sft

507 E Market St, Taylorville, IL, 62568

2 Bed
1 Bath
1100 sft

108 Garrison St, Bulpitt, IL, 62517

Nearby investment properties with comparable prices

3 Bed
2 Bath
1832 sft

611 Seyborn Ave, Hillsboro, IL, 62049

$ 167,000

ROI

Cash Flow/m

3 Bed
2 Bath
1192 sft

704 N Monroe St, Litchfield, IL, 62056

4 Bed
2 Bath
1785 sft

615 Henrietta, Divernon, IL, 62530

3 Bed
2 Bath
1500 sft

2350 E 200 North Rd, Pana, IL, 62557

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 Morrisonville at 207 E Cherokee St, Morrisonville, IL, 62546 offers a 9.24% rental yield on a $195,000 purchase with $1,502/mo rent. Total monthly income registers $1,502/mo, and a $954/mo payment leaves $150/mo available for distribution. Annual cash flow reaches $1,798/yr on $64,643 to close, and return on cash invested stands at 22.69% in year one. Equity gained on principal adds $1,258/yr while 5% annual appreciation supports $53,875 over five years. Portfolio math shows five-year ROI at 118.75% and total cumulative return in cash at $76,762. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,502/mo property income against a $954/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1919

0.52 Acres lot

$N/A/sqft

No HOA