508 S Walnut StBondvilleIL61815
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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 Bondville at 508 S Walnut St, Bondville, IL, 61815 with 5% annual appreciation on a $142,000 basis while $1,304/mo rent supports operations. Total monthly income totals $1,304/mo and a $695/mo payment preserves $319/mo for cash returns. Annual cash flow comes to $3,829/yr on $47,073 deployed, and return on cash invested reaches 28.04% in year one. Equity gained on principal adds $916/yr, and five-year appreciation sums $39,232 alongside rental yield of 11.02%. Five-year ROI measures 147.55% and total cumulative return in cash totals $69,458.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,304/mo property income versus a $695/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1956
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61815, Bondville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 195 (100%) |
| Owner Occupied HU | 127 (65.1%) |
| Renter Occupied HU | 48 (24.6%) |
| Vacant Housing Units | 20 (10.3%) |
| Median Home Value | $226,563 |
| Average Home Value | $286,988 |
Housing Distribution
Address Breakdown
Residential
131
Single Family
131
Multi-Family
0
Businesses
14
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