281 S Morgan StVirginiaIL62691
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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 Virginia at 281 S Morgan St, Virginia, IL, 62691 at $172,000 posts ROI 22.07% with $103/mo cash flow from $1,296/mo rent. Total monthly income equals $1,296/mo, and annual cash flow records $1,234/yr on $57,018 to close. Return on cash invested measures 22.07% and rental yield reads 9.04% at the current $172,000. Equity gained on principal adds $1,110/yr, and 5% annual appreciation supports $47,520 by year five. Five-year ROI prints 115.42% and total cumulative return in cash totals $65,809.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,296/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1890
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62691, Virginia, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,089 (100%) |
| Owner Occupied HU | 762 (70.0%) |
| Renter Occupied HU | 187 (17.2%) |
| Vacant Housing Units | 140 (12.9%) |
| Median Home Value | $129,412 |
| Average Home Value | $193,094 |
Housing Distribution
Address Breakdown
Residential
1,007
Single Family
1,001
Multi-Family
6
Businesses
84
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