665 E North StWarrensburgIL62573
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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
Rental property for sale in Warrensburg at 665 E North St, Warrensburg, IL, 62573 generates $2,419/mo in rent and, after a $905/mo payment, leaves $1,136/mo in cash flow. Total monthly income is $2,419/mo, and annual cash flow is $13,635/yr on $61,328 invested. Return on cash invested sits at 42.14% in year one, and rental yield is 15.69% on a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 223.11% and total cumulative return in cash sums $136,827. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,419/mo property income rather than buyer’s personal income.
Single Family
Built in 1963
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62573, Warrensburg, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 686 (100%) |
| Owner Occupied HU | 487 (71.0%) |
| Renter Occupied HU | 110 (16.0%) |
| Vacant Housing Units | 89 (13.0%) |
| Median Home Value | $136,458 |
| Average Home Value | $162,089 |
Housing Distribution
Address Breakdown
Residential
423
Single Family
423
Multi-Family
0
Businesses
35
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Listed by: L Jeannie Mayfield • Glenda Williamson Realty
Mls Name: CIBR
Mls Provider:
Mls ID: #6251552
Disclaimer: Copyright Central Illinois Board of REALTORS (CIBR). All rights reserved. Information is deemed reliable but not guaranteed.