709 E Heights AveTaylorvilleIL62568
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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 Taylorville at 709 E Heights Ave, Taylorville, IL, 62568 listed at $143,700 pairs $1,367/mo rent with a $703/mo payment to leave $371/mo cash flow. Total monthly income runs $1,367/mo, and annual cash flow reaches $4,447/yr on $47,637 cash to close. Return on cash invested measures 29.24% in year one, and rental yield registers 11.42% at a $143,700 basis. Equity gained on principal adds $927/yr, and annual property appreciation at 5% supports $39,702 by year five. Five-year ROI tracks 153.93% and total cumulative return in cash totals $73,328. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,367/mo property income relative to a $703/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1976
8,302 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62568, Taylorville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,015 (100%) |
| Owner Occupied HU | 4,563 (65.0%) |
| Renter Occupied HU | 1,786 (25.5%) |
| Vacant Housing Units | 666 ( 9.5%) |
| Median Home Value | $139,713 |
| Average Home Value | $185,121 |
Housing Distribution
Address Breakdown
Residential
6,525
Single Family
6,002
Multi-Family
523
Businesses
542
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Listed by: Stephanie Zepin • Craggs REALTORS, Inc.
Mls Name: RMLS Alliance
Mls ID: #CA1039274