136 W Mill StKewaneeIL61443
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 Kewanee at 136 W Mill St, Kewanee, IL, 61443 priced at $112,300 pairs $1,118/mo rent with $268/mo cash flow after a $550/mo payment. Total monthly income equals $1,118/mo, and annual cash flow comes to $3,218/yr on $37,227 invested. Return on cash invested is 28.55% in year one, and rental yield stands at 11.95% on a $112,300 basis. Equity gained on principal adds $725/yr, and 5% annual appreciation accumulates to $31,026 by year five. Five-year ROI measures 151.15% and total cumulative return in cash reaches $56,270. For financing, Ziffy Mortgage’s DSCR program evaluates $1,118/mo property income against a $550/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61443, Kewanee, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,351 (100%) |
| Owner Occupied HU | 4,022 (63.3%) |
| Renter Occupied HU | 1,568 (24.7%) |
| Vacant Housing Units | 761 (12.0%) |
| Median Home Value | $86,468 |
| Average Home Value | $130,548 |
Housing Distribution
Address Breakdown
Residential
5,804
Single Family
5,476
Multi-Family
328
Businesses
437
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