858 County Road 1800 NWest SalemIL62476
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 West Salem at 858 County Road 1800 N, West Salem, IL, 62476 listed at $118,000 pairs $926/mo rent with a $578/mo payment to leave $107/mo cash flow. Total monthly income runs $926/mo, and annual cash flow reaches $1,285/yr on $39,117 cash to close. Return on cash invested measures 23.19% in year one, and rental yield registers 9.42% at a $118,000 basis. Equity gained on principal adds $761/yr, and annual property appreciation at 5% supports $32,601 by year five. Five-year ROI tracks 121.58% and total cumulative return in cash totals $47,559. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $926/mo property income relative to a $578/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1927
4.22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62476, West Salem, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 731 (100%) |
| Owner Occupied HU | 551 (75.4%) |
| Renter Occupied HU | 84 (11.5%) |
| Vacant Housing Units | 96 (13.1%) |
| Median Home Value | $123,026 |
| Average Home Value | $166,066 |
Housing Distribution
Address Breakdown
Residential
686
Single Family
686
Multi-Family
0
Businesses
40
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Listed by: Dustin Hawkins • Integrity Realty & Auctions
Mls Name: My State MLS
Mls ID: #11529675