455 W Oak StSmithfieldIL61477
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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 Smithfield at 455 W Oak St, Smithfield, IL, 61477 generates $1,334/mo in rent and, after a $832/mo payment, leaves $117/mo in cash flow. Total monthly income is $1,334/mo, and annual cash flow is $1,399/yr on $56,322 invested. Return on cash invested sits at 22.39% in year one, and rental yield is 9.42% on a $169,900 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 117.48% and total cumulative return in cash sums $66,170. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,334/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61477, Smithfield, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 230 (100%) |
| Owner Occupied HU | 173 (75.2%) |
| Renter Occupied HU | 27 (11.7%) |
| Vacant Housing Units | 30 (13.0%) |
| Median Home Value | $171,250 |
| Average Home Value | $198,237 |
Housing Distribution
Address Breakdown
Residential
203
Single Family
203
Multi-Family
0
Businesses
10
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Listed by: Chad Markley • Gorsuch Realty & Auction
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1256915
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.