203 Waldhoff AveDieterichIL62424
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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 Dieterich at 203 Waldhoff Ave, Dieterich, IL, 62424 priced at $330,000 converts $2,351/mo rent into $62/mo cash flow after a $1,615/mo obligation. Total monthly income equals $2,351/mo, and annual cash flow totals $747/yr on $109,395 invested. Return on cash invested prints 20.59% in year one, and rental yield reads 8.55% against a $330,000 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation compiles into $91,173 by year five. Five-year ROI reaches 107.51% and total cumulative return in cash sums $117,611. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,351/mo property income covering a $1,615/mo payment, not borrower’s personal income.
Single Family
Built in 2019
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62424, Dieterich, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 936 (100%) |
| Owner Occupied HU | 798 (85.3%) |
| Renter Occupied HU | 94 (10.0%) |
| Vacant Housing Units | 44 ( 4.7%) |
| Median Home Value | $248,881 |
| Average Home Value | $304,944 |
Housing Distribution
Address Breakdown
Residential
852
Single Family
852
Multi-Family
0
Businesses
59
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