23392 N State Highway 37DixIL62830
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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 Dix at 23392 N State Highway 37, Dix, IL, 62830 listed at $130,000 pairs $1,038/mo rent with a $636/mo payment to leave $137/mo cash flow. Total monthly income runs $1,038/mo, and annual cash flow reaches $1,639/yr on $43,095 cash to close. Return on cash invested measures 23.71% in year one, and rental yield registers 9.58% at a $130,000 basis. Equity gained on principal adds $839/yr, and annual property appreciation at 5% supports $35,917 by year five. Five-year ROI tracks 124.25% and total cumulative return in cash totals $53,547. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,038/mo property income relative to a $636/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1930
2.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62830, Dix, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 763 (100%) |
| Owner Occupied HU | 545 (71.4%) |
| Renter Occupied HU | 169 (22.1%) |
| Vacant Housing Units | 49 ( 6.4%) |
| Median Home Value | $157,415 |
| Average Home Value | $189,477 |
Housing Distribution
Address Breakdown
Residential
609
Single Family
514
Multi-Family
95
Businesses
34
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