8 Courtyard BlvdSullivanIL61951
Nearby investment properties with comparable rents
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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 Sullivan at 8 Courtyard Blvd, Sullivan, IL, 61951 priced at $145,000 pairs $1,910/mo rent with $904/mo cash flow after a $710/mo payment. Total monthly income equals $1,910/mo, and annual cash flow comes to $10,847/yr on $48,068 invested. Return on cash invested is 42.48% in year one, and rental yield stands at 15.81% on a $145,000 basis. Equity gained on principal adds $936/yr, and 5% annual appreciation accumulates to $40,061 by year five. Five-year ROI measures 224.85% and total cumulative return in cash reaches $108,080. For financing, Ziffy Mortgage’s DSCR program evaluates $1,910/mo property income against a $710/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 2009
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61951, Sullivan, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,381 (100%) |
| Owner Occupied HU | 2,315 (68.5%) |
| Renter Occupied HU | 783 (23.2%) |
| Vacant Housing Units | 283 ( 8.4%) |
| Median Home Value | $145,991 |
| Average Home Value | $206,197 |
Housing Distribution
Address Breakdown
Residential
3,304
Single Family
3,220
Multi-Family
84
Businesses
310
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