121 W Washington StDixIL62830
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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 Dix at 121 W Washington St, Dix, IL, 62830 offers a 11.28% rental yield on a $123,000 purchase with $1,156/mo rent. Total monthly income registers $1,156/mo, and a $602/mo payment leaves $303/mo available for distribution. Annual cash flow reaches $3,634/yr on $40,775 to close, and return on cash invested stands at 28.82% in year one. Equity gained on principal adds $794/yr while 5% annual appreciation supports $33,983 over five years. Portfolio math shows five-year ROI at 151.63% and total cumulative return in cash at $61,825. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,156/mo property income against a $602/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
1,482 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62830, Dix, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 763 (100%) |
| Owner Occupied HU | 545 (71.4%) |
| Renter Occupied HU | 169 (22.1%) |
| Vacant Housing Units | 49 ( 6.4%) |
| Median Home Value | $157,415 |
| Average Home Value | $189,477 |
Housing Distribution
Address Breakdown
Residential
609
Single Family
514
Multi-Family
95
Businesses
34
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