2160 County Highway 20RinardIL62878
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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
Rental property for sale in Rinard at 2160 County Highway 20, Rinard, IL, 62878 generates $1,687/mo in rent and, after a $1,052/mo payment, leaves $196/mo in cash flow. Total monthly income is $1,687/mo, and annual cash flow is $2,352/yr on $71,273 invested. Return on cash invested sits at 23.21% in year one, and rental yield is 9.42% on a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 121.58% and total cumulative return in cash sums $86,653. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,687/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62878, Rinard, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 172 (100%) |
| Owner Occupied HU | 137 (79.7%) |
| Renter Occupied HU | 14 ( 8.1%) |
| Vacant Housing Units | 21 (12.2%) |
| Median Home Value | $183,929 |
| Average Home Value | $229,179 |
Housing Distribution
Address Breakdown
Residential
156
Single Family
156
Multi-Family
0
Businesses
4
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Listed by: Phil Wiley • WILEY REALTY GROUP
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB459301
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.