112 W Grand AveOwanecoIL62555
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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 Owaneco at 112 W Grand Ave, Owaneco, IL, 62555 with 5% annual appreciation on a $145,000 basis while $1,145/mo rent supports operations. Total monthly income totals $1,145/mo and a $710/mo payment preserves $139/mo for cash returns. Annual cash flow comes to $1,667/yr on $48,068 deployed, and return on cash invested reaches 23.38% in year one. Equity gained on principal adds $936/yr, and five-year appreciation sums $40,061 alongside rental yield of 9.48%. Five-year ROI measures 122.42% and total cumulative return in cash totals $58,844.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,145/mo property income versus a $710/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2000
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62555, Owaneco, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 207 (100%) |
| Owner Occupied HU | 165 (79.7%) |
| Renter Occupied HU | 19 ( 9.2%) |
| Vacant Housing Units | 23 (11.1%) |
| Median Home Value | $188,942 |
| Average Home Value | $211,621 |
Housing Distribution
Address Breakdown
Residential
200
Single Family
200
Multi-Family
0
Businesses
12
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