5637 Longest DrSouth BeloitIL61080
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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 South Beloit at 5637 Longest Dr, South Beloit, IL, 61080 listed at $256,000 pairs $2,288/mo rent with a $1,253/mo payment to leave $512/mo cash flow. Total monthly income runs $2,288/mo, and annual cash flow reaches $6,148/yr on $84,864 cash to close. Return on cash invested measures 27.15% in year one, and rental yield registers 10.72% at a $256,000 basis. Equity gained on principal adds $1,652/yr, and annual property appreciation at 5% supports $70,728 by year five. Five-year ROI tracks 142.71% and total cumulative return in cash totals $121,114. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,288/mo property income relative to a $1,253/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2000
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61080, South Beloit, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,686 (100%) |
| Owner Occupied HU | 3,293 (70.3%) |
| Renter Occupied HU | 1,040 (22.2%) |
| Vacant Housing Units | 353 ( 7.5%) |
| Median Home Value | $195,268 |
| Average Home Value | $228,383 |
Housing Distribution
Address Breakdown
Residential
4,437
Single Family
4,253
Multi-Family
184
Businesses
307
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Listed by: Tammy Johnston • Century 21 Affiliated
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202505108
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.