24028 E Iron Bridge RdMarshallIL62441
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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 Marshall at 24028 E Iron Bridge Rd, Marshall, IL, 62441 earns $302/mo cash flow from $1,134/mo rent with a $587/mo payment. Total monthly income totals $1,134/mo, and annual cash flow totals $3,624/yr on $39,780 capital. ROI tracks 29.02% on current figures, and rental yield reads 11.34% at a $120,000 purchase. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,154 over five years. Five-year ROI reaches 152.66% and total cumulative return in cash sums $60,727. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,134/mo property income instead of your personal income.
Single Family
Built in 1930
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62441, Marshall, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,443 (100%) |
| Owner Occupied HU | 2,287 (66.4%) |
| Renter Occupied HU | 790 (22.9%) |
| Vacant Housing Units | 366 (10.6%) |
| Median Home Value | $158,270 |
| Average Home Value | $185,334 |
Housing Distribution
Address Breakdown
Residential
3,159
Single Family
3,144
Multi-Family
15
Businesses
280
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