1400 Oak RdgWashingtonIL61571
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 Washington at 1400 Oak Rdg, Washington, IL, 61571 generates $3,203/mo in rent and, after a $1,762/mo payment, leaves $706/mo in cash flow. Total monthly income is $3,203/mo, and annual cash flow is $8,474/yr on $119,307 invested. Return on cash invested sits at 27.01% in year one, and rental yield is 10.68% on a $359,900 entry. Equity gained on principal adds $2,322/yr, while 5% annual appreciation builds toward $99,434 over five years. Five-year ROI reaches 141.94% and total cumulative return in cash sums $169,346. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,203/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61571, Washington, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,342 (100%) |
| Owner Occupied HU | 7,655 (74.0%) |
| Renter Occupied HU | 2,036 (19.7%) |
| Vacant Housing Units | 651 ( 6.3%) |
| Median Home Value | $232,683 |
| Average Home Value | $263,343 |
Housing Distribution
Address Breakdown
Residential
10,233
Single Family
9,440
Multi-Family
793
Businesses
536
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Scott Vreeland • Signature Heights Realty, LLC
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1255106
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.