206 E 10th StDelavanIL61734
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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 Delavan at 206 E 10th St, Delavan, IL, 61734 uses $41,438 cash to close to unlock $8,817/yr annual cash flow and $735/mo monthly cash flow. Total monthly income runs $1,602/mo, and a $612/mo payment keeps the spread at $735/mo. Purchase price stands at $125,000, and rental yield measures 15.38% with $1,602/mo rent. Return on cash invested shows 41.19% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 217.93% and total cumulative return in cash records $90,305. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,602/mo property income covering a $612/mo payment rather than investor’s personal income.
Single Family
Built in 1879
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61734, Delavan, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,180 (100%) |
| Owner Occupied HU | 885 (75.0%) |
| Renter Occupied HU | 185 (15.7%) |
| Vacant Housing Units | 110 ( 9.3%) |
| Median Home Value | $172,329 |
| Average Home Value | $199,186 |
Housing Distribution
Address Breakdown
Residential
885
Single Family
869
Multi-Family
16
Businesses
56
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Listed by: Adam J Merrick • Adam Merrick Real Estate
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1254851
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.