911 4th StNew BostonIL61272
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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 New Boston at 911 4th St, New Boston, IL, 61272 offers a 9.84% rental yield on a $205,000 purchase with $1,681/mo rent. Total monthly income registers $1,681/mo, and a $1,003/mo payment leaves $259/mo available for distribution. Annual cash flow reaches $3,113/yr on $67,958 to close, and return on cash invested stands at 24.49% in year one. Equity gained on principal adds $1,323/yr while 5% annual appreciation supports $56,638 over five years. Portfolio math shows five-year ROI at 128.44% and total cumulative return in cash at $87,282. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,681/mo property income against a $1,003/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
1.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61272, New Boston, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 717 (100%) |
| Owner Occupied HU | 535 (74.6%) |
| Renter Occupied HU | 96 (13.4%) |
| Vacant Housing Units | 86 (12.0%) |
| Median Home Value | $139,195 |
| Average Home Value | $176,860 |
Housing Distribution
Address Breakdown
Residential
665
Single Family
665
Multi-Family
0
Businesses
21
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Listed by: Sheri Paper • Ruhl&Ruhl REALTORS Davenport
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4264767
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.