205 Clay StWarsawIL62379
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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 Warsaw at 205 Clay St, Warsaw, IL, 62379 generates $0/mo in rent, after a $754/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -5.21% in year one, and rental yield is 0% on a $154,000 entry. Equity gained on principal adds $994/yr, while 5% annual appreciation builds toward $42,547 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1881
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62379, Warsaw, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,007 (100%) |
| Owner Occupied HU | 731 (72.6%) |
| Renter Occupied HU | 114 (11.3%) |
| Vacant Housing Units | 162 (16.1%) |
| Median Home Value | $116,906 |
| Average Home Value | $162,657 |
Housing Distribution
Address Breakdown
Residential
893
Single Family
885
Multi-Family
8
Businesses
61
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No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Janice Filkins • The People's Real Estate
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6329168
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