1042 Creekside DrWaterlooIL62298
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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 Waterloo at 1042 Creekside Dr, Waterloo, IL, 62298 earns $322/mo cash flow from $3,114/mo rent with a $1,970/mo payment. Total monthly income totals $3,114/mo, and annual cash flow totals $3,867/yr on $133,429 capital. ROI tracks 22.81% on current figures, and rental yield reads 9.28% at a $402,500 purchase. Equity gained on principal adds $2,597/yr, and 5% annual appreciation supports $111,203 over five years. Five-year ROI reaches 119.39% and total cumulative return in cash sums $159,297. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,114/mo property income instead of your personal income.
Single Family
Built in 2021
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62298, Waterloo, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,538 (100%) |
| Owner Occupied HU | 5,947 (78.9%) |
| Renter Occupied HU | 1,251 (16.6%) |
| Vacant Housing Units | 340 ( 4.5%) |
| Median Home Value | $295,370 |
| Average Home Value | $322,634 |
Housing Distribution
Address Breakdown
Residential
7,397
Single Family
7,365
Multi-Family
32
Businesses
446
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