53 Private Road 1mDe SotoIL62924
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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 De Soto at 53 Private Road 1m, De Soto, IL, 62924 offers a 2.05% rental yield on a $725,000 purchase with $1,238/mo rent. 99% in year one. Equity gained on principal adds $4,678/yr while 5% annual appreciation supports $200,304 over five years. Portfolio math shows five-year ROI at 2.33% and total cumulative return in cash at $5,549. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,238/mo property income against a $3,549/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
96.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62924, De Soto, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,361 (100%) |
| Owner Occupied HU | 800 (58.8%) |
| Renter Occupied HU | 397 (29.2%) |
| Vacant Housing Units | 164 (12.0%) |
| Median Home Value | $115,099 |
| Average Home Value | $154,128 |
Housing Distribution
Address Breakdown
Residential
1,151
Single Family
1,151
Multi-Family
0
Businesses
42
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