315 S Jackson 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
Investment property for sale in Rushville at 315 S Jackson St, Rushville, IL, 62681 uses $35,802 cash to close to unlock $942/yr annual cash flow and $79/mo monthly cash flow. Total monthly income runs $828/mo, and a $529/mo payment keeps the spread at $79/mo. Purchase price stands at $108,000, and rental yield measures 9.2% with $828/mo rent. Return on cash invested shows 22.54% in year one, and 5% annual appreciation builds toward $29,838 over five years. Five-year ROI reaches 118% and total cumulative return in cash records $42,248. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $828/mo property income covering a $529/mo payment rather than investor’s personal income.
Single Family
Built in N/A
6,534 sqft 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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