13 Birch DrPutnamIL61560
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 Putnam at 13 Birch Dr, Putnam, IL, 61560 offers a 9.46% rental yield on a $174,725 purchase with $1,377/mo rent. Total monthly income registers $1,377/mo, and a $855/mo payment leaves $165/mo available for distribution. Annual cash flow reaches $1,983/yr on $57,921 to close, and return on cash invested stands at 23.33% in year one. Equity gained on principal adds $1,127/yr while 5% annual appreciation supports $48,273 over five years. Portfolio math shows five-year ROI at 122.24% and total cumulative return in cash at $70,805. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,377/mo property income against a $855/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61560, Putnam, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 696 (100%) |
| Owner Occupied HU | 334 (48.0%) |
| Renter Occupied HU | 44 ( 6.3%) |
| Vacant Housing Units | 318 (45.7%) |
| Median Home Value | $263,393 |
| Average Home Value | $277,605 |
Housing Distribution
Address Breakdown
Residential
367
Single Family
367
Multi-Family
0
Businesses
11
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