214 E Rutledge AvePetersburgIL62675
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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 Petersburg at 214 E Rutledge Ave, Petersburg, IL, 62675 listed at $132,500 pairs $1,524/mo rent with a $649/mo payment to leave $578/mo cash flow. Total monthly income runs $1,524/mo, and annual cash flow reaches $6,934/yr on $43,924 cash to close. Return on cash invested measures 35.7% in year one, and rental yield registers 13.8% at a $132,500 basis. Equity gained on principal adds $855/yr, and annual property appreciation at 5% supports $36,607 by year five. Five-year ROI tracks 188.77% and total cumulative return in cash totals $82,916. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,524/mo property income relative to a $649/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
8,241 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62675, Petersburg, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,857 (100%) |
| Owner Occupied HU | 2,017 (70.6%) |
| Renter Occupied HU | 529 (18.5%) |
| Vacant Housing Units | 311 (10.9%) |
| Median Home Value | $201,480 |
| Average Home Value | $254,399 |
Housing Distribution
Address Breakdown
Residential
2,692
Single Family
2,597
Multi-Family
95
Businesses
197
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Listed by: Kim Wenda • RE/MAX Professionals
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1035685
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.