8860 Shawnee Hill RdShawneetownIL62984
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 Shawneetown at 8860 Shawnee Hill Rd, Shawneetown, IL, 62984 listed at $315,000 pairs $2,050/mo rent with a $1,542/mo payment. Total monthly income runs $2,050/mo. Return on cash invested measures 18.36% in year one, and rental yield registers 7.81% at a $315,000 basis. Equity gained on principal adds $2,033/yr, and annual property appreciation at 5% supports $87,029 by year five. Five-year ROI tracks 95.49% and total cumulative return in cash totals $99,713. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,050/mo property income relative to a $1,542/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
5.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62984, Shawneetown, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 758 (100%) |
| Owner Occupied HU | 504 (66.5%) |
| Renter Occupied HU | 130 (17.2%) |
| Vacant Housing Units | 124 (16.4%) |
| Median Home Value | $86,190 |
| Average Home Value | $146,027 |
Housing Distribution
Address Breakdown
Residential
353
Single Family
353
Multi-Family
0
Businesses
71
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Nearby investment properties with comparable prices
Listed by: Kyle Finnie • Rose Creek Realty LLC
Mls Name: RMLS Alliance
Mls ID: #EB459314