310 E 9th StGeorgetownIL61846
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Nearby investment properties with comparable prices
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 Georgetown at 310 E 9th St, Georgetown, IL, 61846 uses $49,692 cash to close to unlock $4,895/yr annual cash flow and $408/mo monthly cash flow. Total monthly income runs $1,448/mo, and a $734/mo payment keeps the spread at $408/mo. Purchase price stands at $149,900, and rental yield measures 11.59% with $1,448/mo rent. Return on cash invested shows 29.76% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 156.65% and total cumulative return in cash records $77,843. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,448/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 2000
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61846, Georgetown, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,127 (100%) |
| Owner Occupied HU | 1,371 (64.5%) |
| Renter Occupied HU | 525 (24.7%) |
| Vacant Housing Units | 231 (10.9%) |
| Median Home Value | $86,852 |
| Average Home Value | $120,954 |
Housing Distribution
Address Breakdown
Residential
1,945
Single Family
1,905
Multi-Family
40
Businesses
103
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Listed by: Mary Clark • Classic Homes Realty
Mls Name: CIBR
Mls Provider:
Mls ID: #6253094
Disclaimer: Copyright Central Illinois Board of REALTORS (CIBR). All rights reserved. Information is deemed reliable but not guaranteed.