123 E Washington StFloraIL62839
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 Flora at 123 E Washington St, Flora, IL, 62839 offers a 9.17% rental yield on a $138,000 purchase with $1,055/mo rent. Total monthly income registers $1,055/mo, and a $675/mo payment leaves $98/mo available for distribution. Annual cash flow reaches $1,179/yr on $45,747 to close, and return on cash invested stands at 22.49% in year one. Equity gained on principal adds $890/yr while 5% annual appreciation supports $38,127 over five years. Portfolio math shows five-year ROI at 117.74% and total cumulative return in cash at $53,862. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,055/mo property income against a $675/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1939
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62839, Flora, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,983 (100%) |
| Owner Occupied HU | 1,974 (66.2%) |
| Renter Occupied HU | 691 (23.2%) |
| Vacant Housing Units | 318 (10.7%) |
| Median Home Value | $120,905 |
| Average Home Value | $192,720 |
Housing Distribution
Address Breakdown
Residential
2,776
Single Family
2,726
Multi-Family
50
Businesses
312
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