519 S State StWestvilleIL61883
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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 Westville at 519 S State St, Westville, IL, 61883 with 5% annual appreciation on a $114,900 basis while $840/mo rent supports operations. Total monthly income totals $840/mo and a $562/mo payment preserves $43/mo for cash returns. Annual cash flow comes to $521/yr on $38,089 deployed, and return on cash invested reaches 21.28% in year one. Equity gained on principal adds $741/yr, and five-year appreciation sums $31,745 alongside rental yield of 8.77%. Five-year ROI measures 111.22% and total cumulative return in cash totals $42,362.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $840/mo property income versus a $562/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1965
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61883, Westville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,969 (100%) |
| Owner Occupied HU | 1,341 (68.1%) |
| Renter Occupied HU | 416 (21.1%) |
| Vacant Housing Units | 212 (10.8%) |
| Median Home Value | $108,101 |
| Average Home Value | $134,299 |
Housing Distribution
Address Breakdown
Residential
1,859
Single Family
1,811
Multi-Family
48
Businesses
88
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