511 W 4th StCoffeenIL62017
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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
Rental property for sale in Coffeen at 511 W 4th St, Coffeen, IL, 62017 generates $1,622/mo in rent and, after a $881/mo payment, leaves $374/mo in cash flow. Total monthly income is $1,622/mo, and annual cash flow is $4,484/yr on $59,637 invested. Return on cash invested sits at 27.43% in year one, and rental yield is 10.82% on a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 144.17% and total cumulative return in cash sums $85,977. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,622/mo property income rather than buyer’s personal income.
Single Family
Built in 1971
1.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62017, Coffeen, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 560 (100%) |
| Owner Occupied HU | 391 (69.8%) |
| Renter Occupied HU | 79 (14.1%) |
| Vacant Housing Units | 90 (16.1%) |
| Median Home Value | $121,484 |
| Average Home Value | $163,798 |
Housing Distribution
Address Breakdown
Residential
438
Single Family
438
Multi-Family
0
Businesses
23
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