512 N Richman StVilla GroveIL61956








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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 Villa Grove at 512 N Richman St, Villa Grove, IL, 61956 uses $39,449 cash to close to unlock $7,836/yr annual cash flow and $653/mo monthly cash flow. Total monthly income runs $1,478/mo, and a $582/mo payment keeps the spread at $653/mo. Purchase price stands at $119,000, and rental yield measures 14.9% with $1,478/mo rent. Return on cash invested shows 39.77% in year one, and 5% annual appreciation builds toward $32,878 over five years. Five-year ROI reaches 210.49% and total cumulative return in cash records $83,033. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,478/mo property income covering a $582/mo payment rather than investor’s personal income.
Single Family
Built in 1974
9,940 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices



Listed by: Cassandra Eversole-Gunter • Heartland Real Estate of Central Illinois, Inc
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12476017








