7080 N 1200th RdColchesterIL62326
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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 Colchester at 7080 N 1200th Rd, Colchester, IL, 62326 offers a 13.34% rental yield on a $299,900 purchase with $3,335/mo rent. Total monthly income registers $3,335/mo, and a $1,468/mo payment leaves $1,255/mo available for distribution. Annual cash flow reaches $15,056/yr on $99,417 to close, and return on cash invested stands at 35.05% in year one. Equity gained on principal adds $1,935/yr while 5% annual appreciation supports $82,857 over five years. Portfolio math shows five-year ROI at 185.06% and total cumulative return in cash at $183,976. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,335/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62326, Colchester, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,200 (100%) |
| Owner Occupied HU | 897 (74.7%) |
| Renter Occupied HU | 180 (15.0%) |
| Vacant Housing Units | 123 (10.2%) |
| Median Home Value | $106,565 |
| Average Home Value | $154,448 |
Housing Distribution
Address Breakdown
Residential
891
Single Family
891
Multi-Family
0
Businesses
53
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Listed by: Thelma L Smiddy • Re/Max Unified Brokers, Inc
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1251981
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.