428 S Illinois 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
Rental property for sale in Pittsfield at 428 S Illinois St, Pittsfield, IL, 62363 priced at $215,000 pairs $2,048/mo rent with $557/mo cash flow after a $1,052/mo payment. Total monthly income equals $2,048/mo, and annual cash flow comes to $6,684/yr on $71,273 invested. Return on cash invested is 29.29% in year one, and rental yield stands at 11.43% on a $215,000 basis. Equity gained on principal adds $1,387/yr, and 5% annual appreciation accumulates to $59,401 by year five. Five-year ROI measures 154.19% and total cumulative return in cash reaches $109,897. For financing, Ziffy Mortgage’s DSCR program evaluates $2,048/mo property income against a $1,052/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1965
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: #11477320