209 S Broad StKnoxvilleIL61448
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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 Knoxville at 209 S Broad St, Knoxville, IL, 61448 priced at $104,900 converts $823/mo rent into $96/mo cash flow after a $513/mo obligation. Total monthly income equals $823/mo, and annual cash flow totals $1,150/yr on $34,774 invested. Return on cash invested prints 23.22% in year one, and rental yield reads 9.41% against a $104,900 entry. Equity gained on principal adds $677/yr, while 5% annual appreciation compiles into $28,982 by year five. Five-year ROI reaches 121.56% and total cumulative return in cash sums $42,270. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $823/mo property income covering a $513/mo payment, not borrower’s personal income.
Single Family
Built in 1910
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61448, Knoxville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,702 (100%) |
| Owner Occupied HU | 1,292 (75.9%) |
| Renter Occupied HU | 274 (16.1%) |
| Vacant Housing Units | 136 ( 8.0%) |
| Median Home Value | $156,782 |
| Average Home Value | $243,349 |
Housing Distribution
Address Breakdown
Residential
1,568
Single Family
1,561
Multi-Family
7
Businesses
93
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