707 W Broadway BlvdJohnston CityIL62951
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 Johnston City at 707 W Broadway Blvd, Johnston City, IL, 62951 generates $885/mo in rent and, after a $538/mo payment, leaves $122/mo in cash flow. Total monthly income is $885/mo, and annual cash flow is $1,469/yr on $36,465 invested. Return on cash invested sits at 23.94% in year one, and rental yield is 9.65% on a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 125.51% and total cumulative return in cash sums $45,768. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $885/mo property income rather than buyer’s personal income.
Single Family
Built in 1885
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62951, Johnston City, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,422 (100%) |
| Owner Occupied HU | 1,604 (66.2%) |
| Renter Occupied HU | 504 (20.8%) |
| Vacant Housing Units | 314 (13.0%) |
| Median Home Value | $101,029 |
| Average Home Value | $154,119 |
Housing Distribution
Address Breakdown
Residential
2,267
Single Family
2,267
Multi-Family
0
Businesses
140
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Krisha Hale • House 2 Home Realty Carterville
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4262652
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.