131 E Willard StWatagaIL61488
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
Rental property for sale in Wataga at 131 E Willard St, Wataga, IL, 61488 priced at $179,900 pairs $1,346/mo rent with $98/mo cash flow after a $881/mo payment. Total monthly income equals $1,346/mo, and annual cash flow comes to $1,172/yr on $59,637 invested. Return on cash invested is 21.87% in year one, and rental yield stands at 8.98% on a $179,900 basis. Equity gained on principal adds $1,161/yr, and 5% annual appreciation accumulates to $49,703 by year five. Five-year ROI measures 114.39% and total cumulative return in cash reaches $68,217. For financing, Ziffy Mortgage’s DSCR program evaluates $1,346/mo property income against a $881/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1978
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61488, Wataga, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 489 (100%) |
| Owner Occupied HU | 349 (71.4%) |
| Renter Occupied HU | 93 (19.0%) |
| Vacant Housing Units | 47 ( 9.6%) |
| Median Home Value | $107,552 |
| Average Home Value | $138,811 |
Housing Distribution
Address Breakdown
Residential
298
Single Family
298
Multi-Family
0
Businesses
19
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Listed by: Sara E Varner • Platinum Key Real Estate, LLC
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1036765
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.