230 Stahl AveWashingtonIL61571
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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 Washington at 230 Stahl Ave, Washington, IL, 61571 priced at $121,900 converts $1,319/mo rent into $473/mo cash flow after a $597/mo obligation. Total monthly income equals $1,319/mo, and annual cash flow totals $5,677/yr on $40,410 invested. Return on cash invested prints 33.96% in year one, and rental yield reads 12.98% against a $121,900 entry. Equity gained on principal adds $787/yr, while 5% annual appreciation compiles into $33,679 by year five. Five-year ROI reaches 179.28% and total cumulative return in cash sums $72,448. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,319/mo property income covering a $597/mo payment, not borrower’s personal income.
Single Family
Built in 1937
9,800 sqft 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: Ryan Tucker • Keller Williams Revolution
Mls Name: RMLS Alliance
Mls ID: #PA1262720