214 Michael PlJerseyvilleIL62052
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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 Jerseyville at 214 Michael Pl, Jerseyville, IL, 62052 with 5% annual appreciation on a $300,000 basis while $2,452/mo rent supports operations. Total monthly income totals $2,452/mo and a $1,468/mo payment preserves $372/mo for cash returns. Annual cash flow comes to $4,458/yr on $99,450 deployed, and return on cash invested reaches 24.39% in year one. Equity gained on principal adds $1,936/yr, and five-year appreciation sums $82,884 alongside rental yield of 9.81%. Five-year ROI measures 127.89% and total cumulative return in cash totals $127,188.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,452/mo property income versus a $1,468/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1994
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62052, Jerseyville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,592 (100%) |
| Owner Occupied HU | 3,763 (67.3%) |
| Renter Occupied HU | 1,346 (24.1%) |
| Vacant Housing Units | 483 ( 8.6%) |
| Median Home Value | $183,858 |
| Average Home Value | $229,316 |
Housing Distribution
Address Breakdown
Residential
5,385
Single Family
5,192
Multi-Family
193
Businesses
420
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