212 Albert StWashingtonIL61571
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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 Washington at 212 Albert St, Washington, IL, 61571 listed at $139,990 pairs $1,722/mo rent with a $685/mo payment to leave $703/mo cash flow. Total monthly income runs $1,722/mo, and annual cash flow reaches $8,439/yr on $46,407 cash to close. Return on cash invested measures 38.09% in year one, and rental yield registers 14.76% at a $139,990 basis. Equity gained on principal adds $903/yr, and annual property appreciation at 5% supports $38,677 by year five. Five-year ROI tracks 201.87% and total cumulative return in cash totals $93,679. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,722/mo property income relative to a $685/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1933
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61571, Washington, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,342 (100%) |
| Owner Occupied HU | 7,655 (74.0%) |
| Renter Occupied HU | 2,036 (19.7%) |
| Vacant Housing Units | 651 ( 6.3%) |
| Median Home Value | $232,683 |
| Average Home Value | $263,343 |
Housing Distribution
Address Breakdown
Residential
10,233
Single Family
9,440
Multi-Family
793
Businesses
536
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Listed by: Mackenzie Price • RE/MAX Traders Unlimited
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1260233
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.