314 S Liberty StRushvilleIL62681
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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 Rushville at 314 S Liberty St, Rushville, IL, 62681 priced at $140,000 pairs $2,050/mo rent with $1,079/mo cash flow after a $685/mo payment. Total monthly income equals $2,050/mo, and annual cash flow comes to $12,950/yr on $46,410 invested. Return on cash invested is 47.81% in year one, and rental yield stands at 17.57% on a $140,000 basis. Equity gained on principal adds $903/yr, and 5% annual appreciation accumulates to $38,679 by year five. Five-year ROI measures 253.55% and total cumulative return in cash reaches $117,670. For financing, Ziffy Mortgage’s DSCR program evaluates $2,050/mo property income against a $685/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62681, Rushville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,416 (100%) |
| Owner Occupied HU | 1,589 (65.8%) |
| Renter Occupied HU | 455 (18.8%) |
| Vacant Housing Units | 372 (15.4%) |
| Median Home Value | $120,109 |
| Average Home Value | $152,086 |
Housing Distribution
Address Breakdown
Residential
2,190
Single Family
2,159
Multi-Family
31
Businesses
227
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Listed by: Courtney Newton • LG Realty
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1036910
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.