722 County Road 650 EToledoIL62468
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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
Rental property for sale in Toledo at 722 County Road 650 E, Toledo, IL, 62468 generates $2,523/mo in rent, after a $1,995/mo payment. Total monthly income is $2,523/mo. Return on cash invested sits at 17.21% in year one, and rental yield is 7.43% on a $407,500 entry. Equity gained on principal adds $2,630/yr, while 5% annual appreciation builds toward $112,585 over five years. Five-year ROI reaches 89.37% and total cumulative return in cash sums $120,727. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,523/mo property income rather than buyer’s personal income.
Single Family
Built in 1990
23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62468, Toledo, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,148 (100%) |
| Owner Occupied HU | 883 (76.9%) |
| Renter Occupied HU | 170 (14.8%) |
| Vacant Housing Units | 95 ( 8.3%) |
| Median Home Value | $152,043 |
| Average Home Value | $199,703 |
Housing Distribution
Address Breakdown
Residential
968
Single Family
968
Multi-Family
0
Businesses
84
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