503 N 7th StPetersburgIL62675
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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 Petersburg at 503 N 7th St, Petersburg, IL, 62675 earns $343/mo cash flow from $1,591/mo rent with a $881/mo payment. Total monthly income totals $1,591/mo, and annual cash flow totals $4,112/yr on $59,637 capital. ROI tracks 26.8% on current figures, and rental yield reads 10.61% at a $179,900 purchase. Equity gained on principal adds $1,161/yr, and 5% annual appreciation supports $49,703 over five years. Five-year ROI reaches 140.83% and total cumulative return in cash sums $83,985. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,591/mo property income instead of your personal income.
Single Family
Built in 1979
2,805 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62675, Petersburg, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,857 (100%) |
| Owner Occupied HU | 2,017 (70.6%) |
| Renter Occupied HU | 529 (18.5%) |
| Vacant Housing Units | 311 (10.9%) |
| Median Home Value | $201,480 |
| Average Home Value | $254,399 |
Housing Distribution
Address Breakdown
Residential
2,692
Single Family
2,597
Multi-Family
95
Businesses
197
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Listed by: Kim Wenda • RE/MAX Professionals
Mls Name: RMLS Alliance
Mls ID: #CA1038194