202 W 5th StDelavanIL61734
Nearby investment properties with comparable rents
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
Rental property for sale in Delavan at 202 W 5th St, Delavan, IL, 61734 priced at $142,900 pairs $1,107/mo rent with $116/mo cash flow after a $699/mo payment. Total monthly income equals $1,107/mo, and annual cash flow comes to $1,395/yr on $47,371 invested. Return on cash invested is 22.85% in year one, and rental yield stands at 9.3% on a $142,900 basis. Equity gained on principal adds $922/yr, and 5% annual appreciation accumulates to $39,481 by year five. Five-year ROI measures 119.69% and total cumulative return in cash reaches $56,697. For financing, Ziffy Mortgage’s DSCR program evaluates $1,107/mo property income against a $699/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1894
9,450 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61734, Delavan, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,180 (100%) |
| Owner Occupied HU | 885 (75.0%) |
| Renter Occupied HU | 185 (15.7%) |
| Vacant Housing Units | 110 ( 9.3%) |
| Median Home Value | $172,329 |
| Average Home Value | $199,186 |
Housing Distribution
Address Breakdown
Residential
885
Single Family
869
Multi-Family
16
Businesses
56
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Listed by: Seth A Goodman • ME Realty
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1032085
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.