202 W Williams StAtkinsonIL61235
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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 Atkinson at 202 W Williams St, Atkinson, IL, 61235 uses $46,410 cash to close to unlock $4,550/yr annual cash flow and $379/mo monthly cash flow. Total monthly income runs $1,350/mo, and a $685/mo payment keeps the spread at $379/mo. Purchase price stands at $140,000, and rental yield measures 11.57% with $1,350/mo rent. Return on cash invested shows 29.71% in year one, and 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 156.48% and total cumulative return in cash records $72,622. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,350/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1925
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61235, Atkinson, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 639 (100%) |
| Owner Occupied HU | 475 (74.3%) |
| Renter Occupied HU | 120 (18.8%) |
| Vacant Housing Units | 44 ( 6.9%) |
| Median Home Value | $141,314 |
| Average Home Value | $185,558 |
Housing Distribution
Address Breakdown
Residential
426
Single Family
402
Multi-Family
24
Businesses
41
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