222 W 17th StBeardstownIL62618
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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 Beardstown at 222 W 17th St, Beardstown, IL, 62618 uses $59,670 cash to close to unlock $2,394/yr annual cash flow and $200/mo monthly cash flow. Total monthly income runs $1,448/mo, and a $881/mo payment keeps the spread at $200/mo. Purchase price stands at $180,000, and rental yield measures 9.65% with $1,448/mo rent. Return on cash invested shows 23.92% in year one, and 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 125.38% and total cumulative return in cash records $74,813. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,448/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62618, Beardstown, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,125 (100%) |
| Owner Occupied HU | 1,939 (62.0%) |
| Renter Occupied HU | 869 (27.8%) |
| Vacant Housing Units | 317 (10.1%) |
| Median Home Value | $90,185 |
| Average Home Value | $148,827 |
Housing Distribution
Address Breakdown
Residential
2,926
Single Family
2,861
Multi-Family
65
Businesses
206
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Listed by: Mandy Seward • DeSollar & Wessler Bros Agency, LLC
Mls Name: My State MLS
Mls ID: #11456254