330 S Florence RdPittsfieldIL62363
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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 Pittsfield at 330 S Florence Rd, Pittsfield, IL, 62363 priced at $149,900 converts $1,336/mo rent into $296/mo cash flow after a $734/mo obligation. Total monthly income equals $1,336/mo, and annual cash flow totals $3,551/yr on $49,692 invested. Return on cash invested prints 27.06% in year one, and rental yield reads 10.7% against a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation compiles into $41,415 by year five. Five-year ROI reaches 142.14% and total cumulative return in cash sums $70,631. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,336/mo property income covering a $734/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62363, Pittsfield, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,738 (100%) |
| Owner Occupied HU | 1,786 (65.2%) |
| Renter Occupied HU | 576 (21.0%) |
| Vacant Housing Units | 376 (13.7%) |
| Median Home Value | $141,274 |
| Average Home Value | $166,190 |
Housing Distribution
Address Breakdown
Residential
2,402
Single Family
2,381
Multi-Family
21
Businesses
304
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Listed by: Betty A Webb • Webb & Associates Realty
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1032806
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.