5378 Center StMulkeytownIL62865
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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 Mulkeytown at 5378 Center St, Mulkeytown, IL, 62865 offers a 9.14% rental yield on a $199,500 purchase with $1,520/mo rent. Total monthly income registers $1,520/mo, and a $976/mo payment leaves $137/mo available for distribution. Annual cash flow reaches $1,640/yr on $66,134 to close, and return on cash invested stands at 22.39% in year one. Equity gained on principal adds $1,287/yr while 5% annual appreciation supports $55,118 over five years. Portfolio math shows five-year ROI at 117.12% and total cumulative return in cash at $77,455. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,520/mo property income against a $976/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
4.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62865, Mulkeytown, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 917 (100%) |
| Owner Occupied HU | 730 (79.6%) |
| Renter Occupied HU | 103 (11.2%) |
| Vacant Housing Units | 84 ( 9.2%) |
| Median Home Value | $170,437 |
| Average Home Value | $196,007 |
Housing Distribution
Address Breakdown
Residential
868
Single Family
868
Multi-Family
0
Businesses
14
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Listed by: CHRISTY POWERS • PROPERTY WITH TLC, LLC
Mls Name: RMLS Alliance
Mls ID: #EB458254