50 N Saint James StIpavaIL61441
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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 Ipava at 50 N Saint James St, Ipava, IL, 61441 priced at $150,000 pairs $2,302/mo rent with $1,262/mo cash flow after a $734/mo payment. Total monthly income equals $2,302/mo, and annual cash flow comes to $15,141/yr on $49,725 invested. Return on cash invested is 50.36% in year one, and rental yield stands at 18.42% on a $150,000 basis. Equity gained on principal adds $968/yr, and 5% annual appreciation accumulates to $41,442 by year five. Five-year ROI measures 267.14% and total cumulative return in cash reaches $132,834. For financing, Ziffy Mortgage’s DSCR program evaluates $2,302/mo property income against a $734/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1952
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61441, Ipava, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 478 (100%) |
| Owner Occupied HU | 364 (76.2%) |
| Renter Occupied HU | 79 (16.5%) |
| Vacant Housing Units | 35 ( 7.3%) |
| Median Home Value | $107,212 |
| Average Home Value | $131,360 |
Housing Distribution
Address Breakdown
Residential
304
Single Family
304
Multi-Family
0
Businesses
19
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Listed by: Adam J Merrick • Adam Merrick Real Estate
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1253099
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.