205 NE 1st StAtlantaIL61723
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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 Atlanta at 205 NE 1st St, Atlanta, IL, 61723 offers a 9.25% rental yield on a $139,000 purchase with $1,071/mo rent. Total monthly income registers $1,071/mo, and a $680/mo payment leaves $107/mo available for distribution. Annual cash flow reaches $1,286/yr on $46,079 to close, and return on cash invested stands at 22.7% in year one. Equity gained on principal adds $897/yr while 5% annual appreciation supports $38,403 over five years. Portfolio math shows five-year ROI at 118.85% and total cumulative return in cash at $54,764. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,071/mo property income against a $680/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1881
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61723, Atlanta, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,111 (100%) |
| Owner Occupied HU | 804 (72.4%) |
| Renter Occupied HU | 211 (19.0%) |
| Vacant Housing Units | 96 ( 8.6%) |
| Median Home Value | $140,051 |
| Average Home Value | $171,620 |
Housing Distribution
Address Breakdown
Residential
729
Single Family
729
Multi-Family
0
Businesses
68
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