170 Ash StWood RiverIL62095
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 Wood River at 170 Ash St, Wood River, IL, 62095 priced at $229,000 converts $1,850/mo rent into $261/mo cash flow after a $1,121/mo obligation. Total monthly income equals $1,850/mo, and annual cash flow totals $3,137/yr on $75,914 invested. Return on cash invested prints 24.04% in year one, and rental yield reads 9.69% against a $229,000 entry. Equity gained on principal adds $1,478/yr, while 5% annual appreciation compiles into $63,268 by year five. Five-year ROI reaches 126.02% and total cumulative return in cash sums $95,669. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,850/mo property income covering a $1,121/mo payment, not borrower’s personal income.
Single Family
Built in 1973
9,056 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62095, Wood River, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,283 (100%) |
| Owner Occupied HU | 3,376 (63.9%) |
| Renter Occupied HU | 1,490 (28.2%) |
| Vacant Housing Units | 417 ( 7.9%) |
| Median Home Value | $121,172 |
| Average Home Value | $169,213 |
Housing Distribution
Address Breakdown
Residential
4,862
Single Family
4,579
Multi-Family
283
Businesses
361
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Eric Brower • Tarrant and Harman Real Estate and Auction Co
Mls Name: MARIS
Mls ID: #25053728