54 Scenic River DrElizabethtownIL62931
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play54 Scenic River Dr, Elizabethtown, IL, 62931 in Elizabethtown is priced for appreciation, not yield. Rental yield 0%. At $650,000 with a 0% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $179,583 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.00) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.5% |
| Monthly Cash Flow | $0 | $1,200 |
City averages based on Elizabethtown market data in our database. Property projections are estimates.
Single Family
Built in 1994
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62931, Elizabethtown, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 627 (100%) |
| Owner Occupied HU | 397 (63.3%) |
| Renter Occupied HU | 88 (14.0%) |
| Vacant Housing Units | 142 (22.6%) |
| Median Home Value | $135,417 |
| Average Home Value | $165,844 |
Housing Distribution
Address Breakdown
Residential
598
Single Family
598
Multi-Family
0
Businesses
34
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Single Family
Built in 1994
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62931, Elizabethtown, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 627 (100%) |
| Owner Occupied HU | 397 (63.3%) |
| Renter Occupied HU | 88 (14.0%) |
| Vacant Housing Units | 142 (22.6%) |
| Median Home Value | $135,417 |
| Average Home Value | $165,844 |
Housing Distribution
Address Breakdown
Residential
598
Single Family
598
Multi-Family
0
Businesses
34
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices