315 E Prairie StJerseyvilleIL62052
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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
Rental property for sale in Jerseyville at 315 E Prairie St, Jerseyville, IL, 62052 priced at $135,000 pairs $1,034/mo rent with $97/mo cash flow after a $661/mo payment. Total monthly income equals $1,034/mo, and annual cash flow comes to $1,168/yr on $44,753 invested. Return on cash invested is 22.52% in year one, and rental yield stands at 9.19% on a $135,000 basis. Equity gained on principal adds $871/yr, and 5% annual appreciation accumulates to $37,298 by year five. Five-year ROI measures 117.9% and total cumulative return in cash reaches $52,765. For financing, Ziffy Mortgage’s DSCR program evaluates $1,034/mo property income against a $661/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
9,901 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62052, Jerseyville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,592 (100%) |
| Owner Occupied HU | 3,763 (67.3%) |
| Renter Occupied HU | 1,346 (24.1%) |
| Vacant Housing Units | 483 ( 8.6%) |
| Median Home Value | $183,858 |
| Average Home Value | $229,316 |
Housing Distribution
Address Breakdown
Residential
5,385
Single Family
5,192
Multi-Family
193
Businesses
420
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Listed by: Alisha D Ryan • Tarrant and Harman Real Estate and Auction Co
Mls Name: MARIS
Mls ID: #25068188