426 S Monroe StPittsfieldIL62363
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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 Pittsfield at 426 S Monroe St, Pittsfield, IL, 62363 with 5% annual appreciation on a $169,000 basis while $1,108/mo rent supports operations. 54% in year one. Equity gained on principal adds $1,091/yr, and five-year appreciation sums $46,692 alongside rental yield of 7.87%. Five-year ROI measures 96.44% and total cumulative return in cash totals $54,031. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,108/mo property income versus a $827/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62363, Pittsfield, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,738 (100%) |
| Owner Occupied HU | 1,786 (65.2%) |
| Renter Occupied HU | 576 (21.0%) |
| Vacant Housing Units | 376 (13.7%) |
| Median Home Value | $141,274 |
| Average Home Value | $166,190 |
Housing Distribution
Address Breakdown
Residential
2,402
Single Family
2,381
Multi-Family
21
Businesses
304
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Listed by: Kathleen Marable • Hometown Real Estate
Mls Name: My State MLS
Mls ID: #11358139