418 4th StIlliopolisIL62539
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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 Illiopolis at 418 4th St, Illiopolis, IL, 62539 listed at $215,000 pairs $1,917/mo rent with a $1,052/mo payment to leave $426/mo cash flow. Total monthly income runs $1,917/mo, and annual cash flow reaches $5,112/yr on $71,273 cash to close. Return on cash invested measures 27.08% in year one, and rental yield registers 10.7% at a $215,000 basis. Equity gained on principal adds $1,387/yr, and annual property appreciation at 5% supports $59,401 by year five. Five-year ROI tracks 142.36% and total cumulative return in cash totals $101,461. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,917/mo property income relative to a $1,052/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1948
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62539, Illiopolis, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 539 (100%) |
| Owner Occupied HU | 395 (73.3%) |
| Renter Occupied HU | 86 (16.0%) |
| Vacant Housing Units | 58 (10.8%) |
| Median Home Value | $145,500 |
| Average Home Value | $180,051 |
Housing Distribution
Address Breakdown
Residential
415
Single Family
415
Multi-Family
0
Businesses
31
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Listed by: Stephanie Do • Do Realty Services Inc
Mls Name: CIBR
Mls Provider:
Mls ID: #6251286
Disclaimer: Copyright Central Illinois Board of REALTORS (CIBR). All rights reserved. Information is deemed reliable but not guaranteed.