2379 N 800 East RdMoweaquaIL62550
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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 Moweaqua at 2379 N 800 East Rd, Moweaqua, IL, 62550 uses $82,875 cash to close to unlock $2,203/yr annual cash flow and $184/mo monthly cash flow. Total monthly income runs $1,918/mo, and a $1,224/mo payment keeps the spread at $184/mo. Purchase price stands at $250,000, and rental yield measures 9.21% with $1,918/mo rent. Return on cash invested shows 22.57% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 118.11% and total cumulative return in cash records $97,882. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,918/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 1905
1.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62550, Moweaqua, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,306 (100%) |
| Owner Occupied HU | 953 (73.0%) |
| Renter Occupied HU | 243 (18.6%) |
| Vacant Housing Units | 110 ( 8.4%) |
| Median Home Value | $151,361 |
| Average Home Value | $192,531 |
Housing Distribution
Address Breakdown
Residential
1,146
Single Family
1,146
Multi-Family
0
Businesses
91
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