512 High School StDivernonIL62530
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 Divernon at 512 High School St, Divernon, IL, 62530 offers $1,086/mo rent that, after a $641/mo payment, leaves $178/mo cash flow. Total monthly income is $1,086/mo, and annual cash flow is $2,130/yr on $43,427 cash. Return on cash invested measures 24.81% in year one, and rental yield stands at 9.95% at a $131,000 entry. Equity gained on principal adds $845/yr while 5% annual appreciation compounds into $36,193 by year five. Five-year ROI records 130.16% and total cumulative return in cash reaches $56,525. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,086/mo property income versus a $641/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
10,270 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62530, Divernon, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 665 (100%) |
| Owner Occupied HU | 482 (72.5%) |
| Renter Occupied HU | 138 (20.8%) |
| Vacant Housing Units | 45 ( 6.8%) |
| Median Home Value | $188,889 |
| Average Home Value | $195,607 |
Housing Distribution
Address Breakdown
Residential
434
Single Family
434
Multi-Family
0
Businesses
35
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