176 Lakeview DrWatagaIL61488
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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
Investment property for sale in Wataga at 176 Lakeview Dr, Wataga, IL, 61488 with 5% annual appreciation on a $125,000 basis while $1,018/mo rent supports operations. Total monthly income totals $1,018/mo and a $612/mo payment preserves $151/mo for cash returns. Annual cash flow comes to $1,809/yr on $41,438 deployed, and return on cash invested reaches 24.28% in year one. Equity gained on principal adds $807/yr, and five-year appreciation sums $34,535 alongside rental yield of 9.77%. Five-year ROI measures 127.29% and total cumulative return in cash totals $52,745.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,018/mo property income versus a $612/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1977
10,125 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61488, Wataga, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 489 (100%) |
| Owner Occupied HU | 349 (71.4%) |
| Renter Occupied HU | 93 (19.0%) |
| Vacant Housing Units | 47 ( 9.6%) |
| Median Home Value | $107,552 |
| Average Home Value | $138,811 |
Housing Distribution
Address Breakdown
Residential
298
Single Family
298
Multi-Family
0
Businesses
19
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