517 W 4th StBeardstownIL62618
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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 Beardstown at 517 W 4th St, Beardstown, IL, 62618 offers a 10.91% rental yield on a $199,900 purchase with $1,817/mo rent. Total monthly income registers $1,817/mo, and a $978/mo payment leaves $431/mo available for distribution. Annual cash flow reaches $5,170/yr on $66,267 to close, and return on cash invested stands at 27.71% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 145.67% and total cumulative return in cash at $96,529. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,817/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1999
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62618, Beardstown, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,125 (100%) |
| Owner Occupied HU | 1,939 (62.0%) |
| Renter Occupied HU | 869 (27.8%) |
| Vacant Housing Units | 317 (10.1%) |
| Median Home Value | $90,185 |
| Average Home Value | $148,827 |
Housing Distribution
Address Breakdown
Residential
2,926
Single Family
2,861
Multi-Family
65
Businesses
206
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Listed by: Amy Hageman • The Real Estate Group, Inc.
Mls Name: RMLS Alliance
Mls ID: #CA1040708