Shipman Rd, Shipman, IL, 62685 | Equity Gain $2,097/yr

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Shipman at Shipman Rd, Shipman, IL, 62685 with 5% annual appreciation on a $325,000 basis while $480/mo rent supports operations. 14% in year one. Equity gained on principal adds $2,097/yr, and five-year appreciation sums $89,792 alongside rental yield of 1.77%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $480/mo property income versus a $1,591/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in N/A

30 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 62685, Shipman, IL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	889 (100%)
Owner Occupied HU	629 (70.8%)
Renter Occupied HU	112 (12.6%)
Vacant Housing Units	148 (16.6%)
Median Home Value	$171,208
Average Home Value	$205,556