227 E Jefferson StToulonIL61483
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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 Toulon at 227 E Jefferson St, Toulon, IL, 61483 offers $1,122/mo rent that, after a $705/mo payment, leaves $123/mo cash flow. Total monthly income is $1,122/mo, and annual cash flow is $1,476/yr on $47,736 cash. Return on cash invested measures 23% in year one, and rental yield stands at 9.35% at a $144,000 entry. Equity gained on principal adds $929/yr while 5% annual appreciation compounds into $39,785 by year five. Five-year ROI records 120.4% and total cumulative return in cash reaches $57,474. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,122/mo property income versus a $705/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61483, Toulon, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 919 (100%) |
| Owner Occupied HU | 596 (64.9%) |
| Renter Occupied HU | 180 (19.6%) |
| Vacant Housing Units | 143 (15.6%) |
| Median Home Value | $115,789 |
| Average Home Value | $153,977 |
Housing Distribution
Address Breakdown
Residential
577
Single Family
555
Multi-Family
22
Businesses
65
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