1 Wherry DrPutnamIL61560
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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 Putnam at 1 Wherry Dr, Putnam, IL, 61560 with 5% annual appreciation on a $215,000 basis while $0/mo rent supports operations. 19% in year one. Equity gained on principal adds $1,387/yr, and five-year appreciation sums $59,401 alongside rental yield of 0%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $0/mo property income versus a $1,052/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2000
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61560, Putnam, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 696 (100%) |
| Owner Occupied HU | 334 (48.0%) |
| Renter Occupied HU | 44 ( 6.3%) |
| Vacant Housing Units | 318 (45.7%) |
| Median Home Value | $263,393 |
| Average Home Value | $277,605 |
Housing Distribution
Address Breakdown
Residential
367
Single Family
367
Multi-Family
0
Businesses
11
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