410 S 3rd StCoultervilleIL62237
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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 Coulterville at 410 S 3rd St, Coulterville, IL, 62237 generates $815/mo in rent and, after a $514/mo payment, leaves $87/mo in cash flow. Total monthly income is $815/mo, and annual cash flow is $1,039/yr on $34,808 invested. Return on cash invested sits at 22.9% in year one, and rental yield is 9.31% on a $105,000 entry. Equity gained on principal adds $678/yr, while 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 119.91% and total cumulative return in cash sums $41,738. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $815/mo property income rather than buyer’s personal income.
Single Family
Built in 1968
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62237, Coulterville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,191 (100%) |
| Owner Occupied HU | 880 (73.9%) |
| Renter Occupied HU | 170 (14.3%) |
| Vacant Housing Units | 141 (11.8%) |
| Median Home Value | $162,766 |
| Average Home Value | $190,483 |
Housing Distribution
Address Breakdown
Residential
857
Single Family
857
Multi-Family
0
Businesses
49
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Listed by: Brooke Mitchell • Keller Williams Pinnacle
Mls Name: MARIS
Mls ID: #25080682