107 S Washington StPatokaIL62875
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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 Patoka at 107 S Washington St, Patoka, IL, 62875 listed at $130,000 pairs $982/mo rent with a $636/mo payment to leave $81/mo cash flow. Total monthly income runs $982/mo, and annual cash flow reaches $967/yr on $43,095 cash to close. Return on cash invested measures 22.15% in year one, and rental yield registers 9.06% at a $130,000 basis. Equity gained on principal adds $839/yr, and annual property appreciation at 5% supports $35,917 by year five. Five-year ROI tracks 115.9% and total cumulative return in cash totals $49,947. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $982/mo property income relative to a $636/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1984
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62875, Patoka, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 442 (100%) |
| Owner Occupied HU | 338 (76.5%) |
| Renter Occupied HU | 60 (13.6%) |
| Vacant Housing Units | 44 ( 10.0%) |
| Median Home Value | $100,000 |
| Average Home Value | $149,527 |
Housing Distribution
Address Breakdown
Residential
451
Single Family
451
Multi-Family
0
Businesses
30
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