24 Pinewood RdLitchfieldIL62056
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
Rental property for sale in Litchfield at 24 Pinewood Rd, Litchfield, IL, 62056 priced at $225,000 pairs $1,668/mo rent with $108/mo cash flow after a $1,101/mo payment. Total monthly income equals $1,668/mo, and annual cash flow comes to $1,291/yr on $74,588 invested. Return on cash invested is 21.64% in year one, and rental yield stands at 8.9% on a $225,000 basis. Equity gained on principal adds $1,452/yr, and 5% annual appreciation accumulates to $62,163 by year five. Five-year ROI measures 113.11% and total cumulative return in cash reaches $84,369. For financing, Ziffy Mortgage’s DSCR program evaluates $1,668/mo property income against a $1,101/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1979
9,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62056, Litchfield, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,979 (100%) |
| Owner Occupied HU | 2,573 (64.7%) |
| Renter Occupied HU | 960 (24.1%) |
| Vacant Housing Units | 446 (11.2%) |
| Median Home Value | $130,117 |
| Average Home Value | $191,364 |
Housing Distribution
Address Breakdown
Residential
3,757
Single Family
3,582
Multi-Family
175
Businesses
421
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer L Dunn • Century 21 Reid Baugher Realty
Mls Name: MARIS
Mls Provider:
Mls ID: #25045147
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. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#197)