708 S Bluff StSouth BeloitIL61080
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 South Beloit at 708 S Bluff St, South Beloit, IL, 61080 at $240,000 posts ROI 27.9% with $530/mo cash flow from $2,195/mo rent. Total monthly income equals $2,195/mo, and annual cash flow records $6,360/yr on $79,560 to close. Return on cash invested measures 27.9% and rental yield reads 10.97% at the current $240,000. Equity gained on principal adds $1,549/yr, and 5% annual appreciation supports $66,308 by year five. Five-year ROI prints 146.68% and total cumulative return in cash totals $116,702.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,195/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1922
2.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61080, South Beloit, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,686 (100%) |
| Owner Occupied HU | 3,293 (70.3%) |
| Renter Occupied HU | 1,040 (22.2%) |
| Vacant Housing Units | 353 ( 7.5%) |
| Median Home Value | $195,268 |
| Average Home Value | $228,383 |
Housing Distribution
Address Breakdown
Residential
4,437
Single Family
4,253
Multi-Family
184
Businesses
307
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Nearby investment properties with comparable prices
Listed by: Heather Collins-Armenta • Keller Williams Realty Signature
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls ID: #202506915