701 W Prairie StTaylorvilleIL62568
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 Taylorville at 701 W Prairie St, Taylorville, IL, 62568 with 5% annual appreciation on a $135,900 basis while $1,303/mo rent supports operations. Total monthly income totals $1,303/mo and a $665/mo payment preserves $361/mo for cash returns. Annual cash flow comes to $4,326/yr on $45,051 deployed, and return on cash invested reaches 29.51% in year one. Equity gained on principal adds $877/yr, and five-year appreciation sums $37,547 alongside rental yield of 11.51%. Five-year ROI measures 155.39% and total cumulative return in cash totals $70,003.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,303/mo property income versus a $665/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1959
9,372 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62568, Taylorville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,015 (100%) |
| Owner Occupied HU | 4,563 (65.0%) |
| Renter Occupied HU | 1,786 (25.5%) |
| Vacant Housing Units | 666 ( 9.5%) |
| Median Home Value | $139,713 |
| Average Home Value | $185,121 |
Housing Distribution
Address Breakdown
Residential
6,525
Single Family
6,002
Multi-Family
523
Businesses
542
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephanie Zepin • Craggs REALTORS, Inc.
Mls Name: RMLS Alliance
Mls ID: #CA1040344