6687 Middle RdSouth BeloitIL61080
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 South Beloit at 6687 Middle Rd, South Beloit, IL, 61080 offers a 6.06% rental yield on a $624,900 purchase with $3,158/mo rent. 19% in year one. Equity gained on principal adds $4,032/yr while 5% annual appreciation supports $172,648 over five years. Portfolio math shows five-year ROI at 67.79% and total cumulative return in cash at $139,373. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,158/mo property income against a $3,059/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
1.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61080, South Beloit, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,686 (100%) |
| Owner Occupied HU | 3,293 (70.3%) |
| Renter Occupied HU | 1,040 (22.2%) |
| Vacant Housing Units | 353 ( 7.5%) |
| Median Home Value | $195,268 |
| Average Home Value | $228,383 |
Housing Distribution
Address Breakdown
Residential
4,437
Single Family
4,253
Multi-Family
184
Businesses
307
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shelly Cronin • Century 21 Affiliated
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls ID: #202504574