2505 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 2505 W 3rd St, Coal Valley, IL, 61240 uses $82,212 cash to close to unlock $30,776/yr annual cash flow and $2,565/mo monthly cash flow. Total monthly income runs $4,285/mo, and a $1,214/mo payment keeps the spread at $2,565/mo. Purchase price stands at $248,000, and rental yield measures 20.73% with $4,285/mo rent. Return on cash invested shows 57.34% in year one, and 5% annual appreciation builds toward $68,518 over five years. Five-year ROI reaches 304.58% and total cumulative return in cash records $250,398. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,285/mo property income covering a $1,214/mo payment rather than investor’s personal income.
Single Family
Built in 1952
2.89 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: Cindy B • RE/MAX Concepts Bettendorf
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4255080
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