516 Northwestern AveTaylorvilleIL62568
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
Investment property for sale in Taylorville at 516 Northwestern Ave, Taylorville, IL, 62568 earns $168/mo cash flow from $1,901/mo rent with a $1,223/mo payment. Total monthly income totals $1,901/mo, and annual cash flow totals $2,013/yr on $82,842 capital. ROI tracks 22.34% on current figures, and rental yield reads 9.13% at a $249,900 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 over five years. Five-year ROI reaches 116.86% and total cumulative return in cash sums $96,806. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,901/mo property income instead of your personal income.
Single Family
Built in 1954
10,780 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62568, Taylorville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,015 (100%) |
| Owner Occupied HU | 4,563 (65.0%) |
| Renter Occupied HU | 1,786 (25.5%) |
| Vacant Housing Units | 666 ( 9.5%) |
| Median Home Value | $139,713 |
| Average Home Value | $185,121 |
Housing Distribution
Address Breakdown
Residential
6,525
Single Family
6,002
Multi-Family
523
Businesses
542
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kayla Shoemaker • Craggs REALTORS, Inc.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1032078
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.