704 Justice StTuscolaIL61953
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
Rental property for sale in Tuscola at 704 Justice St, Tuscola, IL, 61953 offers $2,802/mo rent that, after a $1,444/mo payment, leaves $756/mo cash flow. Total monthly income is $2,802/mo, and annual cash flow is $9,068/yr on $97,793 cash. Return on cash invested measures 29.18% in year one, and rental yield stands at 11.4% at a $295,000 entry. Equity gained on principal adds $1,904/yr while 5% annual appreciation compounds into $81,503 by year five. Five-year ROI records 153.56% and total cumulative return in cash reaches $150,170. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,802/mo property income versus a $1,444/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61953, Tuscola, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,959 (100%) |
| Owner Occupied HU | 1,975 (66.7%) |
| Renter Occupied HU | 714 (24.1%) |
| Vacant Housing Units | 270 ( 9.1%) |
| Median Home Value | $178,656 |
| Average Home Value | $197,411 |
Housing Distribution
Address Breakdown
Residential
2,766
Single Family
2,588
Multi-Family
178
Businesses
267
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices