23 County Road 300 NIvesdaleIL61851
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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 Ivesdale at 23 County Road 300 N, Ivesdale, IL, 61851 offers a 0% rental yield on a $169,000 purchase with $0/mo rent. 2% in year one. Equity gained on principal adds $1,091/yr while 5% annual appreciation supports $46,692 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $827/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1885
2.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61851, Ivesdale, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 218 (100%) |
| Owner Occupied HU | 167 (76.6%) |
| Renter Occupied HU | 28 (12.8%) |
| Vacant Housing Units | 23 (10.6%) |
| Median Home Value | $264,904 |
| Average Home Value | $258,593 |
Housing Distribution
Address Breakdown
Residential
93
Single Family
93
Multi-Family
0
Businesses
15
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