3402 Chapel Valley DrQuincyIL62305
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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 Quincy at 3402 Chapel Valley Dr, Quincy, IL, 62305 uses $86,190 cash to close to unlock $158/yr annual cash flow and $13/mo monthly cash flow. Total monthly income runs $1,817/mo, and a $1,273/mo payment keeps the spread at $13/mo. Purchase price stands at $260,000, and rental yield measures 8.39% with $1,817/mo rent. Return on cash invested shows 20.09% in year one, and 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 104.86% and total cumulative return in cash records $90,377. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,817/mo property income covering a $1,273/mo payment rather than investor’s personal income.
Single Family
Built in 1979
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62305, Quincy, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,511 (100%) |
| Owner Occupied HU | 6,567 (77.2%) |
| Renter Occupied HU | 1,393 (16.4%) |
| Vacant Housing Units | 551 ( 6.5%) |
| Median Home Value | $233,541 |
| Average Home Value | $257,294 |
Housing Distribution
Address Breakdown
Residential
8,078
Single Family
7,857
Multi-Family
221
Businesses
647
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