904 E Truitt RdChillicotheIL61523
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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 Chillicothe at 904 E Truitt Rd, Chillicothe, IL, 61523 offers $1,358/mo rent that, after a $7,293/mo payment. Total monthly income is $1,358/mo. Return on cash invested measures -1.94% in year one, and rental yield stands at 1.09% at a $1,490,000 entry. Equity gained on principal adds $9,615/yr while 5% annual appreciation compounds into $411,660 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,358/mo property income versus a $7,293/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61523, Chillicothe, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,008 (100%) |
| Owner Occupied HU | 3,712 (74.1%) |
| Renter Occupied HU | 881 (17.6%) |
| Vacant Housing Units | 415 ( 8.3%) |
| Median Home Value | $197,605 |
| Average Home Value | $245,063 |
Housing Distribution
Address Breakdown
Residential
4,684
Single Family
4,458
Multi-Family
226
Businesses
264
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Listed by: Brent Reneau • Whitetail Properties Real Estate LLC
Mls Name: My State MLS
Mls ID: #11441622