2805 E 300 North RdWellingtonIL60973
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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
Investment property for sale in Wellington at 2805 E 300 North Rd, Wellington, IL, 60973 earns $116/mo cash flow from $1,104/mo rent with a $697/mo payment. Total monthly income totals $1,104/mo, and annual cash flow totals $1,393/yr on $47,239 capital. ROI tracks 22.86% on current figures, and rental yield reads 9.3% at a $142,500 purchase. Equity gained on principal adds $920/yr, and 5% annual appreciation supports $39,370 over five years. Five-year ROI reaches 119.76% and total cumulative return in cash sums $56,571. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,104/mo property income instead of your personal income.
Single Family
Built in 1957
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60973, Wellington, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 176 (100%) |
| Owner Occupied HU | 140 (79.5%) |
| Renter Occupied HU | 20 (11.4%) |
| Vacant Housing Units | 16 ( 9.1%) |
| Median Home Value | $236,957 |
| Average Home Value | $217,518 |
Housing Distribution
Address Breakdown
Residential
66
Single Family
66
Multi-Family
0
Businesses
7
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Listed by: Hayley Siefert • Keller Williams Realty - Danville
Mls Name: CIBR
Mls Provider:
Mls ID: #6247655
Disclaimer: Copyright Central Illinois Board of REALTORS (CIBR). All rights reserved. Information is deemed reliable but not guaranteed.