303 E Locust StLa MoilleIL61330
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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 La Moille at 303 E Locust St, La Moille, IL, 61330 listed at $120,000 pairs $951/mo rent with a $587/mo payment to leave $119/mo cash flow. Total monthly income runs $951/mo, and annual cash flow reaches $1,428/yr on $39,780 cash to close. Return on cash invested measures 23.5% in year one, and rental yield registers 9.51% at a $120,000 basis. Equity gained on principal adds $774/yr, and annual property appreciation at 5% supports $33,154 by year five. Five-year ROI tracks 123.03% and total cumulative return in cash totals $48,943. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $951/mo property income relative to a $587/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1906
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61330, La Moille, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 625 (100%) |
| Owner Occupied HU | 466 (74.6%) |
| Renter Occupied HU | 118 (18.9%) |
| Vacant Housing Units | 41 ( 6.6%) |
| Median Home Value | $169,565 |
| Average Home Value | $309,297 |
Housing Distribution
Address Breakdown
Residential
380
Single Family
380
Multi-Family
0
Businesses
23
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