309 S Elizabeth StStronghurstIL61480
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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 Stronghurst at 309 S Elizabeth St, Stronghurst, IL, 61480 with 5% annual appreciation on a $120,000 basis while $944/mo rent supports operations. Total monthly income totals $944/mo and a $587/mo payment preserves $112/mo for cash returns. Annual cash flow comes to $1,344/yr on $39,780 deployed, and return on cash invested reaches 23.29% in year one. Equity gained on principal adds $774/yr, and five-year appreciation sums $33,154 alongside rental yield of 9.44%. Five-year ROI measures 121.92% and total cumulative return in cash totals $48,499.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $944/mo property income versus a $587/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61480, Stronghurst, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 508 (100%) |
| Owner Occupied HU | 362 (71.3%) |
| Renter Occupied HU | 93 (18.3%) |
| Vacant Housing Units | 53 (10.4%) |
| Median Home Value | $112,500 |
| Average Home Value | $137,818 |
Housing Distribution
Address Breakdown
Residential
358
Single Family
337
Multi-Family
21
Businesses
53
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Listed by: Sean Webb • Goff Real Estate & Appraisals
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6323534
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.