704 S Park AveLa MoilleIL61330
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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 La Moille at 704 S Park Ave, La Moille, IL, 61330 uses $33,813 cash to close to unlock $981/yr annual cash flow and $82/mo monthly cash flow. Total monthly income runs $789/mo, and a $499/mo payment keeps the spread at $82/mo. Purchase price stands at $102,000, and rental yield measures 9.28% with $789/mo rent. Return on cash invested shows 22.81% in year one, and 5% annual appreciation builds toward $28,181 over five years. Five-year ROI reaches 119.41% and total cumulative return in cash records $40,376. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $789/mo property income covering a $499/mo payment rather than investor’s personal income.
Single Family
Built in 1962
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61330, La Moille, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 625 (100%) |
| Owner Occupied HU | 466 (74.6%) |
| Renter Occupied HU | 118 (18.9%) |
| Vacant Housing Units | 41 ( 6.6%) |
| Median Home Value | $169,565 |
| Average Home Value | $309,297 |
Housing Distribution
Address Breakdown
Residential
380
Single Family
380
Multi-Family
0
Businesses
23
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