206 E High StWhite HeathIL61884
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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 White Heath at 206 E High St, White Heath, IL, 61884 priced at $190,000 converts $1,458/mo rent into $140/mo cash flow after a $930/mo obligation. Total monthly income equals $1,458/mo, and annual cash flow totals $1,681/yr on $62,985 invested. Return on cash invested prints 22.58% in year one, and rental yield reads 9.21% against a $190,000 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation compiles into $52,494 by year five. Five-year ROI reaches 118.22% and total cumulative return in cash sums $74,460. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,458/mo property income covering a $930/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61884, White Heath, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 524 (100%) |
| Owner Occupied HU | 451 (86.1%) |
| Renter Occupied HU | 37 ( 7.1%) |
| Vacant Housing Units | 36 ( 6.9%) |
| Median Home Value | $301,705 |
| Average Home Value | $362,550 |
Housing Distribution
Address Breakdown
Residential
397
Single Family
397
Multi-Family
0
Businesses
22
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Listed by: Ryan Dallas • RYAN DALLAS REAL ESTATE
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12425730