58 Parkview RdRushvilleIL62681
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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
Rental property for sale in Rushville at 58 Parkview Rd, Rushville, IL, 62681 priced at $219,900 converts $1,332/mo rent into after a $1,076/mo obligation. Total monthly income equals $1,332/mo. Return on cash invested prints 16.73% in year one, and rental yield reads 7.27% against a $219,900 entry. Equity gained on principal adds $1,419/yr, while 5% annual appreciation compiles into $60,754 by year five. Five-year ROI reaches 86.87% and total cumulative return in cash sums $63,328. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,332/mo property income covering a $1,076/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62681, Rushville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,416 (100%) |
| Owner Occupied HU | 1,589 (65.8%) |
| Renter Occupied HU | 455 (18.8%) |
| Vacant Housing Units | 372 (15.4%) |
| Median Home Value | $120,109 |
| Average Home Value | $152,086 |
Housing Distribution
Address Breakdown
Residential
2,190
Single Family
2,159
Multi-Family
31
Businesses
227
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