218 N Walnut StWenonaIL61377
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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 Wenona at 218 N Walnut St, Wenona, IL, 61377 priced at $115,000 pairs $880/mo rent with $82/mo cash flow after a $563/mo payment. Total monthly income equals $880/mo, and annual cash flow comes to $986/yr on $38,123 invested. Return on cash invested is 22.5% in year one, and rental yield stands at 9.18% on a $115,000 basis. Equity gained on principal adds $742/yr, and 5% annual appreciation accumulates to $31,772 by year five. Five-year ROI measures 117.84% and total cumulative return in cash reaches $44,925. For financing, Ziffy Mortgage’s DSCR program evaluates $880/mo property income against a $563/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61377, Wenona, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 655 (100%) |
| Owner Occupied HU | 426 (65.0%) |
| Renter Occupied HU | 137 (20.9%) |
| Vacant Housing Units | 92 (14.0%) |
| Median Home Value | $119,776 |
| Average Home Value | $165,869 |
Housing Distribution
Address Breakdown
Residential
355
Single Family
355
Multi-Family
0
Businesses
50
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