897 E 1320 North RdTaylorvilleIL62568
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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 Taylorville at 897 E 1320 North Rd, Taylorville, IL, 62568 uses $76,212 cash to close to unlock $2,683/yr annual cash flow and $224/mo monthly cash flow. Total monthly income runs $1,818/mo, and a $1,125/mo payment keeps the spread at $224/mo. Purchase price stands at $229,900, and rental yield measures 9.49% with $1,818/mo rent. Return on cash invested shows 23.43% in year one, and 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 122.72% and total cumulative return in cash records $93,527. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,818/mo property income covering a $1,125/mo payment rather than investor’s personal income.
Single Family
Built in 1992
4.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62568, Taylorville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,015 (100%) |
| Owner Occupied HU | 4,563 (65.0%) |
| Renter Occupied HU | 1,786 (25.5%) |
| Vacant Housing Units | 666 ( 9.5%) |
| Median Home Value | $139,713 |
| Average Home Value | $185,121 |
Housing Distribution
Address Breakdown
Residential
6,525
Single Family
6,002
Multi-Family
523
Businesses
542
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Listed by: Adam Jeffrey • Craggs REALTORS, Inc.
Mls Name: RMLS Alliance
Mls ID: #CA1040851