4548 Upper Meredosia RdBeardstownIL62618
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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 Beardstown at 4548 Upper Meredosia Rd, Beardstown, IL, 62618 generates $951/mo in rent and, after a $587/mo payment, leaves $119/mo in cash flow. Total monthly income is $951/mo, and annual cash flow is $1,428/yr on $39,780 invested. Return on cash invested sits at 23.5% in year one, and rental yield is 9.51% on a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 123.03% and total cumulative return in cash sums $48,943. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $951/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62618, Beardstown, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,125 (100%) |
| Owner Occupied HU | 1,939 (62.0%) |
| Renter Occupied HU | 869 (27.8%) |
| Vacant Housing Units | 317 (10.1%) |
| Median Home Value | $90,185 |
| Average Home Value | $148,827 |
Housing Distribution
Address Breakdown
Residential
2,926
Single Family
2,861
Multi-Family
65
Businesses
206
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Listed by: Connie Martin • DeSollar & Wessler Bros Agency, LLC
Mls Name: My State MLS
Mls ID: #11330064