2412 W 3rd StCoal ValleyIL61240
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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 Coal Valley at 2412 W 3rd St, Coal Valley, IL, 61240 listed at $223,250 pairs $1,933/mo rent with a $1,093/mo payment to leave $384/mo cash flow. Total monthly income runs $1,933/mo, and annual cash flow reaches $4,610/yr on $74,007 cash to close. Return on cash invested measures 26.14% in year one, and rental yield registers 10.39% at a $223,250 basis. Equity gained on principal adds $1,441/yr, and annual property appreciation at 5% supports $61,680 by year five. Five-year ROI tracks 137.29% and total cumulative return in cash totals $101,603. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,933/mo property income relative to a $1,093/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1968
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61240, Coal Valley, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,581 (100%) |
| Owner Occupied HU | 2,192 (84.9%) |
| Renter Occupied HU | 233 ( 9.0%) |
| Vacant Housing Units | 156 ( 6.0%) |
| Median Home Value | $248,118 |
| Average Home Value | $247,075 |
Housing Distribution
Address Breakdown
Residential
2,516
Single Family
2,516
Multi-Family
0
Businesses
104
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Listed by: Erika Letcher • Milltown Realty, LLC
Mls Name: RMLS Alliance
Mls ID: #QC4264145