209 Buchanan DrWatermanIL60556
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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 Waterman at 209 Buchanan Dr, Waterman, IL, 60556 with 5% annual appreciation on a $348,990 basis while $3,060/mo rent supports operations. Total monthly income totals $3,060/mo and a $1,708/mo payment preserves $639/mo for cash returns. Annual cash flow comes to $7,674/yr on $115,690 deployed, and return on cash invested reaches 26.54% in year one. Equity gained on principal adds $2,252/yr, and five-year appreciation sums $96,420 alongside rental yield of 10.52%. Five-year ROI measures 139.4% and total cumulative return in cash totals $161,277.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,060/mo property income versus a $1,708/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2026
10,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60556, Waterman, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 858 (100%) |
| Owner Occupied HU | 625 (72.8%) |
| Renter Occupied HU | 164 (19.1%) |
| Vacant Housing Units | 69 ( 8.0%) |
| Median Home Value | $262,649 |
| Average Home Value | $295,472 |
Housing Distribution
Address Breakdown
Residential
673
Single Family
648
Multi-Family
25
Businesses
55
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