2904 Westfield RdWinnebagoIL61088
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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 Winnebago at 2904 Westfield Rd, Winnebago, IL, 61088 with 5% annual appreciation on a $447,500 basis while $4,018/mo rent supports operations. Total monthly income totals $4,018/mo and a $2,190/mo payment preserves $911/mo for cash returns. Annual cash flow comes to $10,927/yr on $148,346 deployed, and return on cash invested reaches 27.28% in year one. Equity gained on principal adds $2,888/yr, and five-year appreciation sums $123,636 alongside rental yield of 10.77%. Five-year ROI measures 143.34% and total cumulative return in cash totals $212,641.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,018/mo property income versus a $2,190/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1968
4.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61088, Winnebago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,332 (100%) |
| Owner Occupied HU | 1,936 (83.0%) |
| Renter Occupied HU | 267 (11.4%) |
| Vacant Housing Units | 129 ( 5.5%) |
| Median Home Value | $216,291 |
| Average Home Value | $256,985 |
Housing Distribution
Address Breakdown
Residential
2,244
Single Family
2,244
Multi-Family
0
Businesses
127
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Listed by: Pamela Mitchell • Key Realty, Inc
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202405962
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.