613 N LongShelbyvilleIL62565
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
Investment property for sale in Shelbyville at 613 N Long, Shelbyville, IL, 62565 at $115,000 posts ROI 22.37% with $78/mo cash flow from $880/mo rent. Total monthly income equals $880/mo, and annual cash flow records $937/yr on $38,123 to close. Return on cash invested measures 22.37% and rental yield reads 9.18% at the current $115,000. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 by year five. Five-year ROI prints 117.22% and total cumulative return in cash totals $44,685.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $880/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62565, Shelbyville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,640 (100%) |
| Owner Occupied HU | 2,421 (66.5%) |
| Renter Occupied HU | 797 (21.9%) |
| Vacant Housing Units | 422 (11.6%) |
| Median Home Value | $172,283 |
| Average Home Value | $222,582 |
Housing Distribution
Address Breakdown
Residential
3,282
Single Family
3,187
Multi-Family
95
Businesses
314
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cheyenne Pieszchalski • Glenda Williamson Realty - Shelbyville
Mls Name: CIBR
Mls Provider:
Mls ID: #6247923
Disclaimer: Copyright Central Illinois Board of REALTORS (CIBR). All rights reserved. Information is deemed reliable but not guaranteed.