207 E Penning AveWood RiverIL62095
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Wood River at 207 E Penning Ave, Wood River, IL, 62095 at $155,000 posts ROI 33.33% with $575/mo cash flow from $1,650/mo rent. Total monthly income equals $1,650/mo, and annual cash flow records $6,894/yr on $51,383 to close. Return on cash invested measures 33.33% and rental yield reads 12.77% at the current $155,000. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,824 by year five. Five-year ROI prints 175.82% and total cumulative return in cash totals $90,340.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,650/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1910
3,650 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62095, Wood River, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,283 (100%) |
| Owner Occupied HU | 3,376 (63.9%) |
| Renter Occupied HU | 1,490 (28.2%) |
| Vacant Housing Units | 417 ( 7.9%) |
| Median Home Value | $121,172 |
| Average Home Value | $169,213 |
Housing Distribution
Address Breakdown
Residential
4,862
Single Family
4,579
Multi-Family
283
Businesses
361
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Nearby investment properties with comparable prices
Listed by: Bryce A Brow • 360 Prime Realty Group, LLC
Mls Name: MARIS
Mls ID: #25073784