104 S Taylor StTowandaIL61776
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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 Towanda at 104 S Taylor St, Towanda, IL, 61776 priced at $289,000 converts $2,400/mo rent into $395/mo cash flow after a $1,415/mo obligation. Total monthly income equals $2,400/mo, and annual cash flow totals $4,739/yr on $95,804 invested. Return on cash invested prints 24.86% in year one, and rental yield reads 9.97% against a $289,000 entry. Equity gained on principal adds $1,865/yr, while 5% annual appreciation compiles into $79,845 by year five. Five-year ROI reaches 130.34% and total cumulative return in cash sums $124,874. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,400/mo property income covering a $1,415/mo payment, not borrower’s personal income.
Single Family
Built in 1928
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61776, Towanda, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 546 (100%) |
| Owner Occupied HU | 433 (79.3%) |
| Renter Occupied HU | 71 (13.0%) |
| Vacant Housing Units | 42 ( 7.7%) |
| Median Home Value | $370,611 |
| Average Home Value | $422,344 |
Housing Distribution
Address Breakdown
Residential
414
Single Family
414
Multi-Family
0
Businesses
32
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