612 N Jefferson StRoanokeIL61561
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Roanoke at 612 N Jefferson St, Roanoke, IL, 61561 priced at $145,000 pairs $2,059/mo rent with $1,053/mo cash flow after a $710/mo payment. Total monthly income equals $2,059/mo, and annual cash flow comes to $12,635/yr on $48,068 invested. Return on cash invested is 46.2% in year one, and rental yield stands at 17.04% on a $145,000 basis. Equity gained on principal adds $936/yr, and 5% annual appreciation accumulates to $40,061 by year five. Five-year ROI measures 244.8% and total cumulative return in cash reaches $117,668. For financing, Ziffy Mortgage’s DSCR program evaluates $2,059/mo property income against a $710/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61561, Roanoke, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,157 (100%) |
| Owner Occupied HU | 918 (79.3%) |
| Renter Occupied HU | 154 (13.3%) |
| Vacant Housing Units | 85 ( 7.3%) |
| Median Home Value | $180,914 |
| Average Home Value | $228,608 |
Housing Distribution
Address Breakdown
Residential
734
Single Family
734
Multi-Family
0
Businesses
74
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dawn Kuykendall • Brilliant Real Estate
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1253192
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.