305 N Vermont StCamp PointIL62320
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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
Rental property for sale in Camp Point at 305 N Vermont St, Camp Point, IL, 62320 generates $1,204/mo in rent and, after a $778/mo payment, leaves $101/mo in cash flow. Total monthly income is $1,204/mo, and annual cash flow is $1,216/yr on $52,709 invested. Return on cash invested sits at 22.22% in year one, and rental yield is 9.09% on a $159,000 entry. Equity gained on principal adds $1,026/yr, while 5% annual appreciation builds toward $43,929 over five years. Five-year ROI reaches 116.27% and total cumulative return in cash sums $61,284. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,204/mo property income rather than buyer’s personal income.
Single Family
Built in 1910
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62320, Camp Point, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 952 (100%) |
| Owner Occupied HU | 719 (75.5%) |
| Renter Occupied HU | 141 (14.8%) |
| Vacant Housing Units | 92 ( 9.7%) |
| Median Home Value | $180,754 |
| Average Home Value | $211,930 |
Housing Distribution
Address Breakdown
Residential
843
Single Family
843
Multi-Family
0
Businesses
76
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Listed by: Lisa Hapke • Bower & Associates Inc., REALTORS - Mt. Sterling
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12408888