7512 Southway CtPaysonIL62360
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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 Payson at 7512 Southway Ct, Payson, IL, 62360 listed at $495,000 pairs $2,404/mo rent with a $2,423/mo payment. Total monthly income runs $2,404/mo. Return on cash invested measures 12.38% in year one, and rental yield registers 5.83% at a $495,000 basis. Equity gained on principal adds $3,194/yr, and annual property appreciation at 5% supports $136,759 by year five. Five-year ROI tracks 63.45% and total cumulative return in cash totals $104,122. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,404/mo property income relative to a $2,423/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2007
1.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62360, Payson, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 722 (100%) |
| Owner Occupied HU | 546 (75.6%) |
| Renter Occupied HU | 118 (16.3%) |
| Vacant Housing Units | 58 ( 8.0%) |
| Median Home Value | $160,776 |
| Average Home Value | $198,498 |
Housing Distribution
Address Breakdown
Residential
577
Single Family
577
Multi-Family
0
Businesses
32
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