814 W 15th StJohnston CityIL62951
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Johnston City at 814 W 15th St, Johnston City, IL, 62951 uses $53,703 cash to close to unlock $1,779/yr annual cash flow and $148/mo monthly cash flow. Total monthly income runs $1,272/mo, and a $793/mo payment keeps the spread at $148/mo. Purchase price stands at $162,000, and rental yield measures 9.42% with $1,272/mo rent. Return on cash invested shows 23.22% in year one, and 5% annual appreciation builds toward $44,758 over five years. Five-year ROI reaches 121.68% and total cumulative return in cash records $65,345. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,272/mo property income covering a $793/mo payment rather than investor’s personal income.
Single Family
Built in 1918
7.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62951, Johnston City, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,422 (100%) |
| Owner Occupied HU | 1,604 (66.2%) |
| Renter Occupied HU | 504 (20.8%) |
| Vacant Housing Units | 314 (13.0%) |
| Median Home Value | $101,029 |
| Average Home Value | $154,119 |
Housing Distribution
Address Breakdown
Residential
2,267
Single Family
2,267
Multi-Family
0
Businesses
140
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer Broadway • Southern Illinois Realty Experts Herrin
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4262863
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.