1706 W Washington StO'FallonIL62269
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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 O'Fallon at 1706 W Washington St, O'Fallon, IL, 62269 offers a 9.33% rental yield on a $121,000 purchase with $941/mo rent. Total monthly income registers $941/mo, and a $592/mo payment leaves $102/mo available for distribution. Annual cash flow reaches $1,223/yr on $40,112 to close, and return on cash invested stands at 22.96% in year one. Equity gained on principal adds $781/yr while 5% annual appreciation supports $33,430 over five years. Portfolio math shows five-year ROI at 120.17% and total cumulative return in cash at $48,201. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $941/mo property income against a $592/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62269, O Fallon, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,311 (100%) |
| Owner Occupied HU | 10,010 (65.4%) |
| Renter Occupied HU | 4,315 (28.2%) |
| Vacant Housing Units | 986 ( 6.4%) |
| Median Home Value | $303,987 |
| Average Home Value | $315,230 |
Housing Distribution
Address Breakdown
Residential
14,975
Single Family
13,691
Multi-Family
1,284
Businesses
1,132
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