108 W Washington StDoverIL61323
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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 Dover at 108 W Washington St, Dover, IL, 61323 with 5% annual appreciation on a $130,000 basis while $1,023/mo rent supports operations. Total monthly income totals $1,023/mo and a $636/mo payment preserves $122/mo for cash returns. Annual cash flow comes to $1,459/yr on $43,095 deployed, and return on cash invested reaches 23.29% in year one. Equity gained on principal adds $839/yr, and five-year appreciation sums $35,917 alongside rental yield of 9.44%. Five-year ROI measures 122.03% and total cumulative return in cash totals $52,587.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,023/mo property income versus a $636/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1876
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61323, Dover, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 52 (100%) |
| Owner Occupied HU | 34 (65.4%) |
| Renter Occupied HU | 7 (13.5%) |
| Vacant Housing Units | 11 (21.2%) |
| Median Home Value | $200,000 |
| Average Home Value | $268,750 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
3
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