957 W Forsyth RdForsythIL62535
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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 Forsyth at 957 W Forsyth Rd, Forsyth, IL, 62535 generates $2,897/mo in rent and, after a $1,422/mo payment, leaves $799/mo in cash flow. Total monthly income is $2,897/mo, and annual cash flow is $9,592/yr on $96,301 invested. Return on cash invested sits at 29.87% in year one, and rental yield is 11.97% on a $290,500 entry. Equity gained on principal adds $1,875/yr, while 5% annual appreciation builds toward $80,260 over five years. Five-year ROI reaches 157.62% and total cumulative return in cash sums $151,793. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,897/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62535, Forsyth, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,351 (100%) |
| Owner Occupied HU | 1,091 (80.8%) |
| Renter Occupied HU | 194 (14.4%) |
| Vacant Housing Units | 66 ( 4.9%) |
| Median Home Value | $305,491 |
| Average Home Value | $339,675 |
Housing Distribution
Address Breakdown
Residential
1,366
Single Family
1,366
Multi-Family
0
Businesses
164
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