619 E 1st StKinmundyIL62854
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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 Kinmundy at 619 E 1st St, Kinmundy, IL, 62854 listed at $115,000 pairs $879/mo rent with a $563/mo payment to leave $81/mo cash flow. Total monthly income runs $879/mo, and annual cash flow reaches $974/yr on $38,123 cash to close. Return on cash invested measures 22.46% in year one, and rental yield registers 9.17% at a $115,000 basis. Equity gained on principal adds $742/yr, and annual property appreciation at 5% supports $31,772 by year five. Five-year ROI tracks 117.69% and total cumulative return in cash totals $44,865. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $879/mo property income relative to a $563/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1956
0.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62854, Kinmundy, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 737 (100%) |
| Owner Occupied HU | 558 (75.7%) |
| Renter Occupied HU | 104 (14.1%) |
| Vacant Housing Units | 75 (10.2%) |
| Median Home Value | $126,220 |
| Average Home Value | $188,925 |
Housing Distribution
Address Breakdown
Residential
646
Single Family
646
Multi-Family
0
Businesses
42
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