143 Cherry LnWashingtonIL61571
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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 Washington at 143 Cherry Ln, Washington, IL, 61571 earns $129/mo cash flow from $1,363/mo rent with a $871/mo payment. Total monthly income totals $1,363/mo, and annual cash flow totals $1,543/yr on $59,007 capital. ROI tracks 22.52% on current figures, and rental yield reads 9.19% at a $178,000 purchase. Equity gained on principal adds $1,149/yr, and 5% annual appreciation supports $49,178 over five years. Five-year ROI reaches 117.87% and total cumulative return in cash sums $69,553. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,363/mo property income instead of your personal income.
Single Family
Built in 1948
0.33 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
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Listed by: Jeff A Dixon • Jim Maloof Realty, Inc.
Mls Name: RMLS Alliance
Mls ID: #PA1261996