1060 S 48th StQuincyIL62305
Nearby investment properties with comparable rents
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 Quincy at 1060 S 48th St, Quincy, IL, 62305 earns $628/mo cash flow from $3,722/mo rent with a $2,183/mo payment. Total monthly income totals $3,722/mo, and annual cash flow totals $7,541/yr on $147,849 capital. ROI tracks 25.01% on current figures, and rental yield reads 10.01% at a $446,000 purchase. Equity gained on principal adds $2,878/yr, and 5% annual appreciation supports $123,222 over five years. Five-year ROI reaches 131.18% and total cumulative return in cash sums $193,954. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,722/mo property income instead of your personal income.
Single Family
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62305, Quincy, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,511 (100%) |
| Owner Occupied HU | 6,567 (77.2%) |
| Renter Occupied HU | 1,393 (16.4%) |
| Vacant Housing Units | 551 ( 6.5%) |
| Median Home Value | $233,541 |
| Average Home Value | $257,294 |
Housing Distribution
Address Breakdown
Residential
8,078
Single Family
7,857
Multi-Family
221
Businesses
647
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael A Happel • Happel, Inc., REALTORS
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1036239
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.