404 N David StLibertyIL62347
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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 Liberty at 404 N David St, Liberty, IL, 62347 offers a 8.87% rental yield on a $195,000 purchase with $1,441/mo rent. Total monthly income registers $1,441/mo, and a $954/mo payment leaves $89/mo available for distribution. Annual cash flow reaches $1,066/yr on $64,643 to close, and return on cash invested stands at 21.56% in year one. Equity gained on principal adds $1,258/yr while 5% annual appreciation supports $53,875 over five years. Portfolio math shows five-year ROI at 112.68% and total cumulative return in cash at $72,838. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,441/mo property income against a $954/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62347, Liberty, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 981 (100%) |
| Owner Occupied HU | 756 (77.1%) |
| Renter Occupied HU | 98 ( 10.0%) |
| Vacant Housing Units | 127 (12.9%) |
| Median Home Value | $227,826 |
| Average Home Value | $260,410 |
Housing Distribution
Address Breakdown
Residential
788
Single Family
788
Multi-Family
0
Businesses
38
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