55 Shorts DrNeogaIL62447
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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 Neoga at 55 Shorts Dr, Neoga, IL, 62447 at $184,900 posts ROI 14.07% with from $984/mo rent. Total monthly income equals $984/mo. Return on cash invested measures 14.07% and rental yield reads 6.39% at the current $184,900. Equity gained on principal adds $1,193/yr, and 5% annual appreciation supports $51,084 by year five. Five-year ROI prints 72.51% and total cumulative return in cash totals $44,443. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $984/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1984
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62447, Neoga, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,490 (100%) |
| Owner Occupied HU | 1,091 (73.2%) |
| Renter Occupied HU | 180 (12.1%) |
| Vacant Housing Units | 219 (14.7%) |
| Median Home Value | $177,885 |
| Average Home Value | $222,193 |
Housing Distribution
Address Breakdown
Residential
1,200
Single Family
1,200
Multi-Family
0
Businesses
68
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