9576 State Route 161 ExtIukaIL62849
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 Iuka at 9576 State Route 161 Ext, Iuka, IL, 62849 offers a 8.13% rental yield on a $295,000 purchase with $1,998/mo rent. 32% in year one. Equity gained on principal adds $1,904/yr while 5% annual appreciation supports $81,503 over five years. Portfolio math shows five-year ROI at 100.65% and total cumulative return in cash at $98,426. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,998/mo property income against a $1,444/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62849, Iuka, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 920 (100%) |
| Owner Occupied HU | 755 (82.1%) |
| Renter Occupied HU | 85 ( 9.2%) |
| Vacant Housing Units | 80 ( 8.7%) |
| Median Home Value | $122,782 |
| Average Home Value | $169,924 |
Housing Distribution
Address Breakdown
Residential
836
Single Family
836
Multi-Family
0
Businesses
28
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices