214 N Smith StSmithtonIL62285
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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 Smithton at 214 N Smith St, Smithton, IL, 62285 with 5% annual appreciation on a $229,900 basis while $0/mo rent supports operations. 2% in year one. Equity gained on principal adds $1,484/yr, and five-year appreciation sums $63,517 alongside rental yield of 0%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $0/mo property income versus a $1,125/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1939
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62285, Smithton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,836 (100%) |
| Owner Occupied HU | 1,625 (88.5%) |
| Renter Occupied HU | 131 ( 7.1%) |
| Vacant Housing Units | 80 ( 4.4%) |
| Median Home Value | $281,330 |
| Average Home Value | $305,514 |
Housing Distribution
Address Breakdown
Residential
1,734
Single Family
1,734
Multi-Family
0
Businesses
99
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No similar rental properties found nearby.
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