1703 Winchester CtMarionIL62959
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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 Marion at 1703 Winchester Ct, Marion, IL, 62959 earns $581/mo cash flow from $2,226/mo rent with a $1,161/mo payment. Total monthly income totals $2,226/mo, and annual cash flow totals $6,969/yr on $78,632 capital. ROI tracks 28.77% on current figures, and rental yield reads 11.26% at a $237,200 purchase. Equity gained on principal adds $1,531/yr, and 5% annual appreciation supports $65,534 over five years. Five-year ROI reaches 151.36% and total cumulative return in cash sums $119,015. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,226/mo property income instead of your personal income.
Single Family
Built in 2001
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62959, Marion, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,389 (100%) |
| Owner Occupied HU | 7,893 (59.0%) |
| Renter Occupied HU | 3,743 (28.0%) |
| Vacant Housing Units | 1,753 (13.1%) |
| Median Home Value | $204,838 |
| Average Home Value | $249,602 |
Housing Distribution
Address Breakdown
Residential
12,303
Single Family
11,733
Multi-Family
570
Businesses
1,347
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