413 1425e StRipleyIL62353
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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 Ripley at 413 1425e St, Ripley, IL, 62353 uses $33,747 cash to close to unlock $7,490/yr annual cash flow and $624/mo monthly cash flow. Total monthly income runs $1,330/mo, and a $498/mo payment keeps the spread at $624/mo. Purchase price stands at $101,800, and rental yield measures 15.68% with $1,330/mo rent. Return on cash invested shows 42.1% in year one, and 5% annual appreciation builds toward $28,125 over five years. Five-year ROI reaches 223.01% and total cumulative return in cash records $75,257. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,330/mo property income covering a $498/mo payment rather than investor’s personal income.
Manufactured
Built in 1997
1.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62353, Mount Sterling, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,699 (100%) |
| Owner Occupied HU | 1,091 (64.2%) |
| Renter Occupied HU | 372 (21.9%) |
| Vacant Housing Units | 236 (13.9%) |
| Median Home Value | $157,093 |
| Average Home Value | $173,680 |
Housing Distribution
Address Breakdown
Residential
1,569
Single Family
1,506
Multi-Family
63
Businesses
168
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