510 W Milton AveLewistownIL61542
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Lewistown at 510 W Milton Ave, Lewistown, IL, 61542 priced at $144,900 converts $1,123/mo rent into $118/mo cash flow after a $709/mo obligation. Total monthly income equals $1,123/mo, and annual cash flow totals $1,418/yr on $48,034 invested. Return on cash invested prints 22.86% in year one, and rental yield reads 9.3% against a $144,900 entry. Equity gained on principal adds $935/yr, while 5% annual appreciation compiles into $40,033 by year five. Five-year ROI reaches 119.74% and total cumulative return in cash sums $57,517. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,123/mo property income covering a $709/mo payment, not borrower’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61542, Lewistown, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,749 (100%) |
| Owner Occupied HU | 1,086 (62.1%) |
| Renter Occupied HU | 386 (22.1%) |
| Vacant Housing Units | 277 (15.8%) |
| Median Home Value | $128,538 |
| Average Home Value | $202,569 |
Housing Distribution
Address Breakdown
Residential
1,578
Single Family
1,458
Multi-Family
120
Businesses
116
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices