222 Buchanan StWaterlooIL62298
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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 Waterloo at 222 Buchanan St, Waterloo, IL, 62298 priced at $129,900 pairs $990/mo rent with $89/mo cash flow after a $636/mo payment. Total monthly income equals $990/mo, and annual cash flow comes to $1,065/yr on $43,062 invested. Return on cash invested is 22.38% in year one, and rental yield stands at 9.15% on a $129,900 basis. Equity gained on principal adds $838/yr, and 5% annual appreciation accumulates to $35,889 by year five. Five-year ROI measures 117.14% and total cumulative return in cash reaches $50,443. For financing, Ziffy Mortgage’s DSCR program evaluates $990/mo property income against a $636/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1938
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62298, Waterloo, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,538 (100%) |
| Owner Occupied HU | 5,947 (78.9%) |
| Renter Occupied HU | 1,251 (16.6%) |
| Vacant Housing Units | 340 ( 4.5%) |
| Median Home Value | $295,370 |
| Average Home Value | $322,634 |
Housing Distribution
Address Breakdown
Residential
7,397
Single Family
7,365
Multi-Family
32
Businesses
446
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