206 Roosevelt AveKewaneeIL61443
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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 Kewanee at 206 Roosevelt Ave, Kewanee, IL, 61443 generates $1,092/mo in rent and, after a $734/mo payment, leaves $52/mo in cash flow. Total monthly income is $1,092/mo, and annual cash flow is $623/yr on $49,692 invested. Return on cash invested sits at 21.16% in year one, and rental yield is 8.74% on a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 110.55% and total cumulative return in cash sums $54,935. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,092/mo property income rather than buyer’s personal income.
Single Family
Built in 1926
7,140 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61443, Kewanee, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,351 (100%) |
| Owner Occupied HU | 4,022 (63.3%) |
| Renter Occupied HU | 1,568 (24.7%) |
| Vacant Housing Units | 761 (12.0%) |
| Median Home Value | $86,468 |
| Average Home Value | $130,548 |
Housing Distribution
Address Breakdown
Residential
5,804
Single Family
5,476
Multi-Family
328
Businesses
437
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