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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
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$740,500
5 bds4 ba3343sqft
1897 N 2500 East RdWatsekaIL60970
1.17%
Gross Yield
-1.69%
ROI
$720/m
Est. Rent
$0
Total Investment
$0
Down Payment
$0
Closing Costs
For Sale
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NMLS #2625701
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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
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Investment Highlights
Investment property for sale in Watseka at 1897 N 2500 East Rd, Watseka, IL, 60970 offers a 1.17% rental yield on a $740,500 purchase with $720/mo rent. 69% in year one. Equity gained on principal adds $4,778/yr while 5% annual appreciation supports $204,587 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $720/mo property income against a $3,624/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2009
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60970, Watseka, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,333 (100%) |
| Owner Occupied HU | 1,968 (59.0%) |
| Renter Occupied HU | 860 (25.8%) |
| Vacant Housing Units | 505 (15.2%) |
| Median Home Value | $153,372 |
| Average Home Value | $210,017 |
Housing Distribution
Address Breakdown
Residential
2,924
Single Family
2,747
Multi-Family
177
Businesses
321
Nearby investment properties with comparable rents
Powered by
Ziffy Mortgage
NMLS #2625701
Get Pre-Approved