521 Hall CtCharlestonIL61920
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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
Rental property for sale in Charleston at 521 Hall Ct, Charleston, IL, 61920 priced at $259,900 converts $1,246/mo rent into after a $1,272/mo obligation. Total monthly income equals $1,246/mo. Return on cash invested prints 11.22% in year one, and rental yield reads 5.75% against a $259,900 entry. Equity gained on principal adds $1,677/yr, while 5% annual appreciation compiles into $71,806 by year five. Five-year ROI reaches 57.62% and total cumulative return in cash sums $49,642. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,246/mo property income covering a $1,272/mo payment, not borrower’s personal income.
Single Family
Built in 1960
1.14 Acres lot
$N/A/sqft
$67 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61920, Charleston, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,918 (100%) |
| Owner Occupied HU | 4,689 (47.3%) |
| Renter Occupied HU | 3,790 (38.2%) |
| Vacant Housing Units | 1,439 (14.5%) |
| Median Home Value | $156,599 |
| Average Home Value | $197,069 |
Housing Distribution
Address Breakdown
Residential
9,340
Single Family
7,831
Multi-Family
1,509
Businesses
683
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Listed by: Jennifer Swensen • Century 21 KIMA Properties
Mls Name: CIBR
Mls Provider:
Mls ID: #6251459
Disclaimer: Copyright Central Illinois Board of REALTORS (CIBR). All rights reserved. Information is deemed reliable but not guaranteed.