215 N 9th StPetersburgIL62675
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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 215 N 9th St, Petersburg, IL, 62675 uses $59,637 cash to close to unlock $2,096/yr annual cash flow and $175/mo monthly cash flow. Total monthly income runs $1,423/mo, and a $881/mo payment keeps the spread at $175/mo. Purchase price stands at $179,900, and rental yield measures 9.49% with $1,423/mo rent. Return on cash invested shows 23.42% in year one, and 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 122.7% and total cumulative return in cash records $73,173. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,423/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in 1920
0.38 Acres 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 ID: #CA1039595