416 Fieldview DrSmithtonIL62285
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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 Smithton at 416 Fieldview Dr, Smithton, IL, 62285 with 5% annual appreciation on a $315,000 basis while $2,216/mo rent supports operations. Total monthly income totals $2,216/mo and a $1,542/mo payment preserves $31/mo for cash returns. Annual cash flow comes to $370/yr on $104,423 deployed, and return on cash invested reaches 20.26% in year one. Equity gained on principal adds $2,033/yr, and five-year appreciation sums $87,029 alongside rental yield of 8.44%. Five-year ROI measures 105.73% and total cumulative return in cash totals $110,405.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,216/mo property income versus a $1,542/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2005
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62285, Smithton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,836 (100%) |
| Owner Occupied HU | 1,625 (88.5%) |
| Renter Occupied HU | 131 ( 7.1%) |
| Vacant Housing Units | 80 ( 4.4%) |
| Median Home Value | $281,330 |
| Average Home Value | $305,514 |
Housing Distribution
Address Breakdown
Residential
1,734
Single Family
1,734
Multi-Family
0
Businesses
99
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