505 W North 9th St, Shelbyville, IL, 62565 | $1,000/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Shelbyville at 505 W North 9th St, Shelbyville, IL, 62565 offers a 17.39% rental yield on a $132,500 purchase with $1,920/mo rent. Total monthly income registers $1,920/mo, and a $649/mo payment leaves $1,000/mo available for distribution. Annual cash flow reaches $12,006/yr on $43,924 to close, and return on cash invested stands at 47.24% in year one. Equity gained on principal adds $855/yr while 5% annual appreciation supports $36,607 over five years. Portfolio math shows five-year ROI at 250.46% and total cumulative return in cash at $110,012. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,920/mo property income against a $649/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1966

9,583 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 62565, Shelbyville, IL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,640 (100%)
Owner Occupied HU	2,421 (66.5%)
Renter Occupied HU	797 (21.9%)
Vacant Housing Units	422 (11.6%)
Median Home Value	$172,283
Average Home Value	$222,582