620 N Jackson StLitchfieldIL62056
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 Litchfield at 620 N Jackson St, Litchfield, IL, 62056 at $145,000 posts ROI 26.57% with $267/mo cash flow from $1,273/mo rent. Total monthly income equals $1,273/mo, and annual cash flow records $3,203/yr on $48,068 to close. Return on cash invested measures 26.57% and rental yield reads 10.54% at the current $145,000. Equity gained on principal adds $936/yr, and 5% annual appreciation supports $40,061 by year five. Five-year ROI prints 139.57% and total cumulative return in cash totals $67,088.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,273/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1940
8,276 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kassidy E Paine • Century 21 Reid Baugher Realty
Mls Name: MARIS
Mls ID: #25049606