250 E Liberty StMill ShoalsIL62862
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
Investment property for sale in Mill Shoals at 250 E Liberty St, Mill Shoals, IL, 62862 with 5% annual appreciation on a $119,000 basis while $1,691/mo rent supports operations. Total monthly income totals $1,691/mo and a $582/mo payment preserves $866/mo for cash returns. Annual cash flow comes to $10,392/yr on $39,449 deployed, and return on cash invested reaches 46.25% in year one. Equity gained on principal adds $768/yr, and five-year appreciation sums $32,878 alongside rental yield of 17.05%. Five-year ROI measures 245.19% and total cumulative return in cash totals $96,725.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,691/mo property income versus a $582/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2015
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62862, Mill Shoals, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 150 (100%) |
| Owner Occupied HU | 106 (70.7%) |
| Renter Occupied HU | 25 (16.7%) |
| Vacant Housing Units | 19 (12.7%) |
| Median Home Value | $102,778 |
| Average Home Value | $172,712 |
Housing Distribution
Address Breakdown
Residential
128
Single Family
128
Multi-Family
0
Businesses
9
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Linda D. Tucker • Pollard Realty
Mls Name: My State MLS
Mls ID: #11361266