113 W Wait StCerro GordoIL61818
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 Cerro Gordo at 113 W Wait St, Cerro Gordo, IL, 61818 at $159,800 posts ROI 30.28% with $458/mo cash flow from $1,566/mo rent. Total monthly income equals $1,566/mo, and annual cash flow records $5,493/yr on $52,974 to close. Return on cash invested measures 30.28% and rental yield reads 11.76% at the current $159,800. Equity gained on principal adds $1,031/yr, and 5% annual appreciation supports $44,150 by year five. Five-year ROI prints 159.45% and total cumulative return in cash totals $84,467.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,566/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61818, Cerro Gordo, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 698 (100%) |
| Owner Occupied HU | 514 (73.6%) |
| Renter Occupied HU | 124 (17.8%) |
| Vacant Housing Units | 60 ( 8.6%) |
| Median Home Value | $127,500 |
| Average Home Value | $148,278 |
Housing Distribution
Address Breakdown
Residential
368
Single Family
368
Multi-Family
0
Businesses
36
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
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