409 Boulder StHeyworthIL61745
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Heyworth at 409 Boulder St, Heyworth, IL, 61745 generates $2,434/mo in rent and, after a $1,415/mo payment, leaves $429/mo in cash flow. Total monthly income is $2,434/mo, and annual cash flow is $5,147/yr on $95,804 invested. Return on cash invested sits at 25.28% in year one, and rental yield is 10.11% on a $289,000 entry. Equity gained on principal adds $1,865/yr, while 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 132.62% and total cumulative return in cash sums $127,058. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,434/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61745, Heyworth, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,673 (100%) |
| Owner Occupied HU | 1,376 (82.2%) |
| Renter Occupied HU | 221 (13.2%) |
| Vacant Housing Units | 76 ( 4.5%) |
| Median Home Value | $247,541 |
| Average Home Value | $289,935 |
Housing Distribution
Address Breakdown
Residential
1,572
Single Family
1,572
Multi-Family
0
Businesses
71
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices