616 E Ryder StLitchfieldIL62056
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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 Litchfield at 616 E Ryder St, Litchfield, IL, 62056 with 5% annual appreciation on a $105,000 basis while $919/mo rent supports operations. Total monthly income totals $919/mo and a $514/mo payment preserves $191/mo for cash returns. Annual cash flow comes to $2,287/yr on $34,808 deployed, and return on cash invested reaches 26.48% in year one. Equity gained on principal adds $678/yr, and five-year appreciation sums $29,010 alongside rental yield of 10.5%. Five-year ROI measures 139.11% and total cumulative return in cash totals $48,422.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $919/mo property income versus a $514/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1918
7,914 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62056, Litchfield, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,979 (100%) |
| Owner Occupied HU | 2,573 (64.7%) |
| Renter Occupied HU | 960 (24.1%) |
| Vacant Housing Units | 446 (11.2%) |
| Median Home Value | $130,117 |
| Average Home Value | $191,364 |
Housing Distribution
Address Breakdown
Residential
3,757
Single Family
3,582
Multi-Family
175
Businesses
421
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Listed by: Kassidy E Fenton • Century 21 Reid Baugher Realty
Mls Name: MARIS
Mls ID: #26004341