279 W Knox Rd #2550RioIL61472
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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 Rio at 279 W Knox Rd #2550, Rio, IL, 61472 earns from $2,897/mo rent with a $2,203/mo payment. Total monthly income totals $2,897/mo. ROI tracks 18.1% on current figures, and rental yield reads 7.73% at a $450,000 purchase. Equity gained on principal adds $2,904/yr, and 5% annual appreciation supports $124,327 over five years. Five-year ROI reaches 94.14% and total cumulative return in cash sums $140,430. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,897/mo property income instead of your personal income.
Single Family
Built in 2018
15.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61472, Rio, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 268 (100%) |
| Owner Occupied HU | 222 (82.8%) |
| Renter Occupied HU | 24 ( 9.0%) |
| Vacant Housing Units | 22 ( 8.2%) |
| Median Home Value | $226,786 |
| Average Home Value | $234,471 |
Housing Distribution
Address Breakdown
Residential
226
Single Family
226
Multi-Family
0
Businesses
13
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Listed by: Jackie Turner • Mel Foster Co. Galesburg
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1027994
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.