500 E Park StCamp PointIL62320
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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 Camp Point at 500 E Park St, Camp Point, IL, 62320 offers a 9.2% rental yield on a $275,000 purchase with $2,108/mo rent. Total monthly income registers $2,108/mo, and a $1,346/mo payment leaves $201/mo available for distribution. Annual cash flow reaches $2,406/yr on $91,163 to close, and return on cash invested stands at 22.55% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,977 over five years. Portfolio math shows five-year ROI at 117.99% and total cumulative return in cash at $107,567. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,108/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
16.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62320, Camp Point, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 952 (100%) |
| Owner Occupied HU | 719 (75.5%) |
| Renter Occupied HU | 141 (14.8%) |
| Vacant Housing Units | 92 ( 9.7%) |
| Median Home Value | $180,754 |
| Average Home Value | $211,930 |
Housing Distribution
Address Breakdown
Residential
843
Single Family
843
Multi-Family
0
Businesses
76
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Listed by: Cathy M Anderson • CENTURY 21 Broughton Team
Mls Name: RMLS Alliance
Mls ID: #CA1040728