212 S College StPotomacIL61865
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
Rental property for sale in Potomac at 212 S College St, Potomac, IL, 61865 offers $1,080/mo rent that, after a $710/mo payment, leaves $74/mo cash flow. Total monthly income is $1,080/mo, and annual cash flow is $887/yr on $48,068 cash. Return on cash invested measures 21.76% in year one, and rental yield stands at 8.94% at a $145,000 entry. Equity gained on principal adds $936/yr while 5% annual appreciation compounds into $40,061 by year five. Five-year ROI records 113.71% and total cumulative return in cash reaches $54,656. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,080/mo property income versus a $710/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61865, Potomac, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 582 (100%) |
| Owner Occupied HU | 435 (74.7%) |
| Renter Occupied HU | 94 (16.2%) |
| Vacant Housing Units | 53 ( 9.1%) |
| Median Home Value | $166,447 |
| Average Home Value | $176,414 |
Housing Distribution
Address Breakdown
Residential
391
Single Family
391
Multi-Family
0
Businesses
25
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