207 N Jackson StNewtonIL62448
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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 Newton at 207 N Jackson St, Newton, IL, 62448 generates $882/mo in rent and, after a $538/mo payment, leaves $120/mo in cash flow. Total monthly income is $882/mo, and annual cash flow is $1,435/yr on $36,432 invested. Return on cash invested sits at 23.85% in year one, and rental yield is 9.63% on a $109,900 entry. Equity gained on principal adds $709/yr, while 5% annual appreciation builds toward $30,363 over five years. Five-year ROI reaches 125.01% and total cumulative return in cash sums $45,544. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $882/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62448, Newton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,596 (100%) |
| Owner Occupied HU | 1,912 (73.7%) |
| Renter Occupied HU | 416 (16.0%) |
| Vacant Housing Units | 268 (10.3%) |
| Median Home Value | $139,157 |
| Average Home Value | $205,139 |
Housing Distribution
Address Breakdown
Residential
2,513
Single Family
2,454
Multi-Family
59
Businesses
257
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