37 Highway 34RaleighIL62977
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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 Raleigh at 37 Highway 34, Raleigh, IL, 62977 uses $83,704 cash to close to unlock $90/yr annual cash flow and $7/mo monthly cash flow. Total monthly income runs $1,759/mo, and a $1,236/mo payment keeps the spread at $7/mo. Purchase price stands at $252,500, and rental yield measures 8.36% with $1,759/mo rent. Return on cash invested shows 20.02% in year one, and 5% annual appreciation builds toward $69,761 over five years. Five-year ROI reaches 104.41% and total cumulative return in cash records $87,399. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,759/mo property income covering a $1,236/mo payment rather than investor’s personal income.
Single Family
Built in 2000
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62977, Raleigh, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 325 (100%) |
| Owner Occupied HU | 254 (78.2%) |
| Renter Occupied HU | 36 (11.1%) |
| Vacant Housing Units | 35 (10.8%) |
| Median Home Value | $162,143 |
| Average Home Value | $169,722 |
Housing Distribution
Address Breakdown
Residential
259
Single Family
259
Multi-Family
0
Businesses
18
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