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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Marshall at 421 S 8th St, Marshall, IL, 62441 generates $532/mo in rent, after a $538/mo payment. Total monthly income is $532/mo. Return on cash invested sits at 12.32% in year one, and rental yield is 5.81% on a $109,900 entry. Equity gained on principal adds $709/yr, while 5% annual appreciation builds toward $30,363 over five years. Five-year ROI reaches 63.19% and total cumulative return in cash sums $23,020. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $532/mo property income rather than buyer’s personal income.
Single Family
Built in 1957
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 62441, Marshall, IL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,443 (100%) |
| Owner Occupied HU | 2,287 (66.4%) |
| Renter Occupied HU | 790 (22.9%) |
| Vacant Housing Units | 366 (10.6%) |
| Median Home Value | $158,270 |
| Average Home Value | $185,334 |
Residential
3,159
Single Family
3,144
Multi-Family
15
Businesses
280
Date | Event | Price |
|---|---|---|
| 2025-07-01 | Listed for sale | $109,900 |
| 2017-02-23 | Sold | $41,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-07-03 | $958.12 | 7.58% | $20,813 | 12.00% |
| 2022-07-03 | $890.64 | 2.72% | $18,583 | 7.00% |
| 2021-07-03 | $867.02 | -1.02% | $17,368 | N/A |
Listed by: Carol Rice • Stence Realty
Mls Name: CIBR
Mls Provider:
Mls ID: #6252854
Disclaimer: Copyright Central Illinois Board of REALTORS (CIBR). All rights reserved. Information is deemed reliable but not guaranteed.
