519 S Pine StNokomisIL62075
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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 Nokomis at 519 S Pine St, Nokomis, IL, 62075 uses $41,438 cash to close to unlock $10,245/yr annual cash flow and $854/mo monthly cash flow. Total monthly income runs $1,721/mo, and a $612/mo payment keeps the spread at $854/mo. Purchase price stands at $125,000, and rental yield measures 16.52% with $1,721/mo rent. Return on cash invested shows 44.63% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 236.44% and total cumulative return in cash records $97,973. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,721/mo property income covering a $612/mo payment rather than investor’s personal income.
Single Family
Built in 1945
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62075, Nokomis, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,518 (100%) |
| Owner Occupied HU | 1,085 (71.5%) |
| Renter Occupied HU | 245 (16.1%) |
| Vacant Housing Units | 188 (12.4%) |
| Median Home Value | $120,682 |
| Average Home Value | $184,005 |
Housing Distribution
Address Breakdown
Residential
1,386
Single Family
1,365
Multi-Family
21
Businesses
111
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