1828 S Washington StTiltonIL61833
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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
Rental property for sale in Tilton at 1828 S Washington St, Tilton, IL, 61833 priced at $123,000 converts $594/mo rent into after a $602/mo obligation. Total monthly income equals $594/mo. Return on cash invested prints 12.28% in year one, and rental yield reads 5.8% against a $123,000 entry. Equity gained on principal adds $794/yr, while 5% annual appreciation compiles into $33,983 by year five. Five-year ROI reaches 62.95% and total cumulative return in cash sums $25,669. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $594/mo property income covering a $602/mo payment, not borrower’s personal income.
Single Family
Built in 1972
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61833, Tilton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 999 (100%) |
| Owner Occupied HU | 656 (65.7%) |
| Renter Occupied HU | 230 (23.0%) |
| Vacant Housing Units | 113 (11.3%) |
| Median Home Value | $77,895 |
| Average Home Value | $102,008 |
Housing Distribution
Address Breakdown
Residential
1,031
Single Family
1,031
Multi-Family
0
Businesses
85
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