212 S Broadway StStronghurstIL61480
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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 Stronghurst at 212 S Broadway St, Stronghurst, IL, 61480 uses $42,764 cash to close to unlock $1,483/yr annual cash flow and $124/mo monthly cash flow. Total monthly income runs $1,018/mo, and a $631/mo payment keeps the spread at $124/mo. Purchase price stands at $129,000, and rental yield measures 9.47% with $1,018/mo rent. Return on cash invested shows 23.38% in year one, and 5% annual appreciation builds toward $35,640 over five years. Five-year ROI reaches 122.49% and total cumulative return in cash records $52,381. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,018/mo property income covering a $631/mo payment rather than investor’s personal income.
Single Family
Built in 1905
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61480, Stronghurst, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 508 (100%) |
| Owner Occupied HU | 362 (71.3%) |
| Renter Occupied HU | 93 (18.3%) |
| Vacant Housing Units | 53 (10.4%) |
| Median Home Value | $112,500 |
| Average Home Value | $137,818 |
Housing Distribution
Address Breakdown
Residential
358
Single Family
337
Multi-Family
21
Businesses
53
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Listed by: Barbara Scott • HSHR, Inc.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1030858
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.