612 S 8th StCoultervilleIL62237
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 Coulterville at 612 S 8th St, Coulterville, IL, 62237 priced at $215,000 converts $1,538/mo rent into $47/mo cash flow after a $1,052/mo obligation. Total monthly income equals $1,538/mo, and annual cash flow totals $564/yr on $71,273 invested. Return on cash invested prints 20.7% in year one, and rental yield reads 8.58% against a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,401 by year five. Five-year ROI reaches 108.14% and total cumulative return in cash sums $77,077. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,538/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Single Family
Built in 1995
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62237, Coulterville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,191 (100%) |
| Owner Occupied HU | 880 (73.9%) |
| Renter Occupied HU | 170 (14.3%) |
| Vacant Housing Units | 141 (11.8%) |
| Median Home Value | $162,766 |
| Average Home Value | $190,483 |
Housing Distribution
Address Breakdown
Residential
857
Single Family
857
Multi-Family
0
Businesses
49
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Nearby investment properties with comparable prices
Listed by: Brooke Mitchell • Keller Williams Pinnacle
Mls Name: MARIS
Mls Provider:
Mls ID: #25004266
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