619 N Santa Fe AveChillicotheIL61523
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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 619 N Santa Fe Ave, Chillicothe, IL, 61523 uses $84,499 cash to close to unlock $5,407/yr annual cash flow and $451/mo monthly cash flow. Total monthly income runs $2,219/mo, and a $1,248/mo payment keeps the spread at $451/mo. Purchase price stands at $254,900, and rental yield measures 10.45% with $2,219/mo rent. Return on cash invested shows 26.31% in year one, and 5% annual appreciation builds toward $70,424 over five years. Five-year ROI reaches 138.15% and total cumulative return in cash records $116,736. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,219/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Single Family
Built in 1910
N/A 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: Rickey L Mathis • The Real Estate Group Inc.
Mls Name: RMLS Alliance
Mls ID: #PA1260643