227 S Montgomery StLitchfieldIL62056
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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 Litchfield at 227 S Montgomery St, Litchfield, IL, 62056 uses $53,040 cash to close to unlock $1,792/yr annual cash flow and $149/mo monthly cash flow. Total monthly income runs $1,259/mo, and a $783/mo payment keeps the spread at $149/mo. Purchase price stands at $160,000, and rental yield measures 9.44% with $1,259/mo rent. Return on cash invested shows 23.29% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 122.02% and total cumulative return in cash records $64,718. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,259/mo property income covering a $783/mo payment rather than investor’s personal income.
Townhouse
Built in 1940
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62056, Litchfield, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,979 (100%) |
| Owner Occupied HU | 2,573 (64.7%) |
| Renter Occupied HU | 960 (24.1%) |
| Vacant Housing Units | 446 (11.2%) |
| Median Home Value | $130,117 |
| Average Home Value | $191,364 |
Housing Distribution
Address Breakdown
Residential
3,757
Single Family
3,582
Multi-Family
175
Businesses
421
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Listed by: Dietrick R Davis • Keller Williams Marquee
Mls Name: MARIS
Mls ID: #25067480