523 Beaman DrIlliopolisIL62539
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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 Illiopolis at 523 Beaman Dr, Illiopolis, IL, 62539 uses $53,007 cash to close to unlock $3,930/yr annual cash flow and $328/mo monthly cash flow. Total monthly income runs $1,437/mo, and a $783/mo payment keeps the spread at $328/mo. Purchase price stands at $159,900, and rental yield measures 10.78% with $1,437/mo rent. Return on cash invested shows 27.32% in year one, and 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 143.61% and total cumulative return in cash records $76,122. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,437/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62539, Illiopolis, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 539 (100%) |
| Owner Occupied HU | 395 (73.3%) |
| Renter Occupied HU | 86 (16.0%) |
| Vacant Housing Units | 58 (10.8%) |
| Median Home Value | $145,500 |
| Average Home Value | $180,051 |
Housing Distribution
Address Breakdown
Residential
415
Single Family
415
Multi-Family
0
Businesses
31
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Listed by: Lisa LaRue • RE/MAX Professionals
Mls Name: RMLS Alliance
Mls ID: #CA1038608