605 E 13th Avenue CtCoal ValleyIL61240
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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 Coal Valley at 605 E 13th Avenue Ct, Coal Valley, IL, 61240 offers a 8.47% rental yield on a $305,000 purchase with $2,153/mo rent. Total monthly income registers $2,153/mo, and a $1,493/mo payment leaves $37/mo available for distribution. Annual cash flow reaches $447/yr on $101,108 to close, and return on cash invested stands at 20.35% in year one. Equity gained on principal adds $1,968/yr while 5% annual appreciation supports $84,266 over five years. Portfolio math shows five-year ROI at 106.22% and total cumulative return in cash at $107,398. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,153/mo property income against a $1,493/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61240, Coal Valley, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,581 (100%) |
| Owner Occupied HU | 2,192 (84.9%) |
| Renter Occupied HU | 233 ( 9.0%) |
| Vacant Housing Units | 156 ( 6.0%) |
| Median Home Value | $248,118 |
| Average Home Value | $247,075 |
Housing Distribution
Address Breakdown
Residential
2,516
Single Family
2,516
Multi-Family
0
Businesses
104
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Listed by: Kristy Lister • KW 1Advantage
Mls Name: MRED as distributed by MLS GRID
Mls ID: #QC4269640