6771 County Highway 23AshleyIL62808
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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 Ashley at 6771 County Highway 23, Ashley, IL, 62808 offers a 4% rental yield on a $449,900 purchase with $1,498/mo rent. 85% in year one. Equity gained on principal adds $2,903/yr while 5% annual appreciation supports $124,299 over five years. Portfolio math shows five-year ROI at 33.82% and total cumulative return in cash at $50,446. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,498/mo property income against a $2,202/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62808, Ashley, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 629 (100%) |
| Owner Occupied HU | 429 (68.2%) |
| Renter Occupied HU | 101 (16.1%) |
| Vacant Housing Units | 99 (15.7%) |
| Median Home Value | $177,404 |
| Average Home Value | $204,633 |
Housing Distribution
Address Breakdown
Residential
489
Single Family
489
Multi-Family
0
Businesses
22
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Listed by: James B Swartzlander • Midwest Farm & Land Co. LLC
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB456308
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