306 E Poplar StTaylorvilleIL62568
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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 Taylorville at 306 E Poplar St, Taylorville, IL, 62568 priced at $160,000 converts $1,354/mo rent into $244/mo cash flow after a $783/mo obligation. Total monthly income equals $1,354/mo, and annual cash flow totals $2,932/yr on $53,040 invested. Return on cash invested prints 25.44% in year one, and rental yield reads 10.15% against a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation compiles into $44,205 by year five. Five-year ROI reaches 133.51% and total cumulative return in cash sums $70,814. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,354/mo property income covering a $783/mo payment, not borrower’s personal income.
Single Family
Built in 1970
7,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62568, Taylorville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,015 (100%) |
| Owner Occupied HU | 4,563 (65.0%) |
| Renter Occupied HU | 1,786 (25.5%) |
| Vacant Housing Units | 666 ( 9.5%) |
| Median Home Value | $139,713 |
| Average Home Value | $185,121 |
Housing Distribution
Address Breakdown
Residential
6,525
Single Family
6,002
Multi-Family
523
Businesses
542
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Listed by: Matthew Corso • Kaufman Realty & Auctions
Mls Name: RMLS Alliance
Mls ID: #CA1041150