116 E Main StWilliamsvilleIL62693
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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
Rental property for sale in Williamsville at 116 E Main St, Williamsville, IL, 62693 offers $1,303/mo rent that, after a $1,468/mo payment. Total monthly income is $1,303/mo. Return on cash invested measures 10.53% in year one, and rental yield stands at 5.21% at a $299,900 entry. Equity gained on principal adds $1,935/yr while 5% annual appreciation compounds into $82,857 by year five. Five-year ROI records 53.52% and total cumulative return in cash reaches $53,212. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,303/mo property income versus a $1,468/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1911
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62693, Williamsville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 769 (100%) |
| Owner Occupied HU | 602 (78.3%) |
| Renter Occupied HU | 101 (13.1%) |
| Vacant Housing Units | 66 ( 8.6%) |
| Median Home Value | $255,372 |
| Average Home Value | $263,526 |
Housing Distribution
Address Breakdown
Residential
544
Single Family
519
Multi-Family
25
Businesses
34
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Listed by: Tracy M Shaw • Keller Williams Capital
Mls Name: RMLS Alliance
Mls ID: #CA1037556