597 County Road 100 EIvesdaleIL61851
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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 Ivesdale at 597 County Road 100 E, Ivesdale, IL, 61851 generates $1,987/mo in rent, after a $1,762/mo payment. Total monthly income is $1,987/mo. Return on cash invested sits at 14.78% in year one, and rental yield is 6.62% on a $360,000 entry. Equity gained on principal adds $2,323/yr, while 5% annual appreciation builds toward $99,461 over five years. Five-year ROI reaches 76.32% and total cumulative return in cash sums $91,077. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,987/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61851, Ivesdale, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 218 (100%) |
| Owner Occupied HU | 167 (76.6%) |
| Renter Occupied HU | 28 (12.8%) |
| Vacant Housing Units | 23 (10.6%) |
| Median Home Value | $264,904 |
| Average Home Value | $258,593 |
Housing Distribution
Address Breakdown
Residential
93
Single Family
93
Multi-Family
0
Businesses
15
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