253 Overton DrWinchesterIL62694
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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 Winchester at 253 Overton Dr, Winchester, IL, 62694 offers $1,484/mo rent that, after a $734/mo payment, leaves $444/mo cash flow. Total monthly income is $1,484/mo, and annual cash flow is $5,327/yr on $49,692 cash. Return on cash invested measures 30.63% in year one, and rental yield stands at 11.88% at a $149,900 entry. Equity gained on principal adds $967/yr while 5% annual appreciation compounds into $41,415 by year five. Five-year ROI records 161.31% and total cumulative return in cash reaches $80,159. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,484/mo property income versus a $734/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62694, Winchester, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,669 (100%) |
| Owner Occupied HU | 1,172 (70.2%) |
| Renter Occupied HU | 296 (17.7%) |
| Vacant Housing Units | 201 (12.0%) |
| Median Home Value | $122,588 |
| Average Home Value | $157,395 |
Housing Distribution
Address Breakdown
Residential
1,326
Single Family
1,326
Multi-Family
0
Businesses
119
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Listed by: Stephanie L Do • Do Realty Services, Inc.
Mls Name: RMLS Alliance
Mls ID: #CA1041173