418 W Clinton StToulonIL61483
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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 Toulon at 418 W Clinton St, Toulon, IL, 61483 generates $1,132/mo in rent and, after a $710/mo payment, leaves $126/mo in cash flow. Total monthly income is $1,132/mo, and annual cash flow is $1,511/yr on $48,068 invested. Return on cash invested sits at 23.05% in year one, and rental yield is 9.37% on a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 120.7% and total cumulative return in cash sums $58,016. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,132/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61483, Toulon, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 919 (100%) |
| Owner Occupied HU | 596 (64.9%) |
| Renter Occupied HU | 180 (19.6%) |
| Vacant Housing Units | 143 (15.6%) |
| Median Home Value | $115,789 |
| Average Home Value | $153,977 |
Housing Distribution
Address Breakdown
Residential
577
Single Family
555
Multi-Family
22
Businesses
65
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Listed by: Kim Ely • RE/MAX Traders Unlimited
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1258076
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.