238 E Prairie StRoodhouseIL62082
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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 Roodhouse at 238 E Prairie St, Roodhouse, IL, 62082 generates $1,097/mo in rent and, after a $697/mo payment, leaves $109/mo in cash flow. Total monthly income is $1,097/mo, and annual cash flow is $1,309/yr on $47,239 invested. Return on cash invested sits at 22.68% in year one, and rental yield is 9.24% on a $142,500 entry. Equity gained on principal adds $920/yr, while 5% annual appreciation builds toward $39,370 over five years. Five-year ROI reaches 118.77% and total cumulative return in cash sums $56,103. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,097/mo property income rather than buyer’s personal income.
Single Family
Built in 1961
10,220 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62082, Roodhouse, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,154 (100%) |
| Owner Occupied HU | 741 (64.2%) |
| Renter Occupied HU | 193 (16.7%) |
| Vacant Housing Units | 220 (19.1%) |
| Median Home Value | $75,708 |
| Average Home Value | $122,328 |
Housing Distribution
Address Breakdown
Residential
1,129
Single Family
1,129
Multi-Family
0
Businesses
51
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Listed by: SueAnn Mullen • RE/MAX Results Plus
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1034091
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.