114 Roosevelt Ave #AKewaneeIL61443
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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 Kewanee at 114 Roosevelt Ave #A, Kewanee, IL, 61443 with 5% annual appreciation on a $119,000 basis while $1,110/mo rent supports operations. Total monthly income totals $1,110/mo and a $582/mo payment preserves $285/mo for cash returns. Annual cash flow comes to $3,420/yr on $39,449 deployed, and return on cash invested reaches 28.58% in year one. Equity gained on principal adds $768/yr, and five-year appreciation sums $32,878 alongside rental yield of 11.19%. Five-year ROI measures 150.47% and total cumulative return in cash totals $59,357.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,110/mo property income versus a $582/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1924
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61443, Kewanee, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,351 (100%) |
| Owner Occupied HU | 4,022 (63.3%) |
| Renter Occupied HU | 1,568 (24.7%) |
| Vacant Housing Units | 761 (12.0%) |
| Median Home Value | $86,468 |
| Average Home Value | $130,548 |
Housing Distribution
Address Breakdown
Residential
5,804
Single Family
5,476
Multi-Family
328
Businesses
437
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Listed by: Rosa Torres • Arrow Real Estate Inc.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4262199
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.