205 Seckman DrColchesterIL62326
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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 Colchester at 205 Seckman Dr, Colchester, IL, 62326 at $225,000 posts ROI 72% with $3,238/mo cash flow from $4,798/mo rent. Total monthly income equals $4,798/mo, and annual cash flow records $38,851/yr on $74,588 to close. Return on cash invested measures 72% and rental yield reads 25.59% at the current $225,000. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 by year five. Five-year ROI prints 383.18% and total cumulative return in cash totals $285,801.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,798/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1970
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62326, Colchester, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,200 (100%) |
| Owner Occupied HU | 897 (74.7%) |
| Renter Occupied HU | 180 (15.0%) |
| Vacant Housing Units | 123 (10.2%) |
| Median Home Value | $106,565 |
| Average Home Value | $154,448 |
Housing Distribution
Address Breakdown
Residential
891
Single Family
891
Multi-Family
0
Businesses
53
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Listed by: Gene A Curtis • Re/Max Unified Brokers, Inc
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1251876
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.