616 N 5th StChillicotheIL61523
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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 Chillicothe at 616 N 5th St, Chillicothe, IL, 61523 offers a 12.76% rental yield on a $139,900 purchase with $1,488/mo rent. Total monthly income registers $1,488/mo, and a $685/mo payment leaves $517/mo available for distribution. Annual cash flow reaches $6,208/yr on $46,377 to close, and return on cash invested stands at 33.3% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,652 over five years. Portfolio math shows five-year ROI at 175.7% and total cumulative return in cash at $81,483. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,488/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1890
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61523, Chillicothe, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,008 (100%) |
| Owner Occupied HU | 3,712 (74.1%) |
| Renter Occupied HU | 881 (17.6%) |
| Vacant Housing Units | 415 ( 8.3%) |
| Median Home Value | $197,605 |
| Average Home Value | $245,063 |
Housing Distribution
Address Breakdown
Residential
4,684
Single Family
4,458
Multi-Family
226
Businesses
264
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Listed by: Brian J Monge • Jim Maloof Realty, Inc.
Mls Name: RMLS Alliance
Mls ID: #PA1262796