106 Ernest St #A-BWashingtonIL61571
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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 Washington at 106 Ernest St #A-B, Washington, IL, 61571 at $190,000 posts ROI 22.08% with $114/mo cash flow from $1,432/mo rent. Total monthly income equals $1,432/mo, and annual cash flow records $1,369/yr on $62,985 to close. Return on cash invested measures 22.08% and rental yield reads 9.04% at the current $190,000. Equity gained on principal adds $1,226/yr, and 5% annual appreciation supports $52,494 by year five. Five-year ROI prints 115.55% and total cumulative return in cash totals $72,780.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,432/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1978
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61571, Washington, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,342 (100%) |
| Owner Occupied HU | 7,655 (74.0%) |
| Renter Occupied HU | 2,036 (19.7%) |
| Vacant Housing Units | 651 ( 6.3%) |
| Median Home Value | $232,683 |
| Average Home Value | $263,343 |
Housing Distribution
Address Breakdown
Residential
10,233
Single Family
9,440
Multi-Family
793
Businesses
536
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Listed by: Ryan Blackorby • Jim Maloof Realty, Inc.
Mls Name: RMLS Alliance
Mls ID: #PA1257846