27425 Quarton RdPalmyraIL62674
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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 Palmyra at 27425 Quarton Rd, Palmyra, IL, 62674 uses $66,300 cash to close to unlock $3,380/yr annual cash flow and $282/mo monthly cash flow. Total monthly income runs $1,669/mo, and a $979/mo payment keeps the spread at $282/mo. Purchase price stands at $200,000, and rental yield measures 10.01% with $1,669/mo rent. Return on cash invested shows 25.01% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 131.16% and total cumulative return in cash records $86,960. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,669/mo property income covering a $979/mo payment rather than investor’s personal income.
Single Family
Built in 2000
6.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62674, Palmyra, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 703 (100%) |
| Owner Occupied HU | 488 (69.4%) |
| Renter Occupied HU | 142 (20.2%) |
| Vacant Housing Units | 73 (10.4%) |
| Median Home Value | $131,429 |
| Average Home Value | $158,858 |
Housing Distribution
Address Breakdown
Residential
579
Single Family
579
Multi-Family
0
Businesses
31
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Listed by: Dominic M Casey • RE/MAX Results Plus
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1036908
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.