22870 E 1800th StPrairie CityIL61470
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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 Prairie City at 22870 E 1800th St, Prairie City, IL, 61470 generates $842/mo in rent, after a $1,566/mo payment. Total monthly income is $842/mo. Return on cash invested sits at 4.33% in year one, and rental yield is 3.16% on a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 20.27% and total cumulative return in cash sums $21,507. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $842/mo property income rather than buyer’s personal income.
Home Type Unknown
Built in 1977
3.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61470, Prairie City, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 212 (100%) |
| Owner Occupied HU | 172 (81.1%) |
| Renter Occupied HU | 28 (13.2%) |
| Vacant Housing Units | 12 ( 5.7%) |
| Median Home Value | $101,220 |
| Average Home Value | $131,642 |
Housing Distribution
Address Breakdown
Residential
140
Single Family
140
Multi-Family
0
Businesses
9
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Listed by: N/A • N/A
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