23370 W County RdJerseyvilleIL62052
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Jerseyville at 23370 W County Rd, Jerseyville, IL, 62052 offers a 9.6% rental yield on a $169,000 purchase with $1,352/mo rent. Total monthly income registers $1,352/mo, and a $827/mo payment leaves $180/mo available for distribution. Annual cash flow reaches $2,159/yr on $56,024 to close, and return on cash invested stands at 23.76% in year one. Equity gained on principal adds $1,091/yr while 5% annual appreciation supports $46,692 over five years. Portfolio math shows five-year ROI at 124.46% and total cumulative return in cash at $69,727. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,352/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 1971
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62052, Jerseyville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,592 (100%) |
| Owner Occupied HU | 3,763 (67.3%) |
| Renter Occupied HU | 1,346 (24.1%) |
| Vacant Housing Units | 483 ( 8.6%) |
| Median Home Value | $183,858 |
| Average Home Value | $229,316 |
Housing Distribution
Address Breakdown
Residential
5,385
Single Family
5,192
Multi-Family
193
Businesses
420
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Listed by: Kristina K Woolsey • Market Pro Realty, Inc
Mls Name: MARIS
Mls ID: #25078770