301 N Washington StAtkinsonIL61235
Nearby investment properties with comparable rents
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 Atkinson at 301 N Washington St, Atkinson, IL, 61235 priced at $207,500 pairs $1,734/mo rent with $294/mo cash flow after a $1,016/mo payment. Total monthly income equals $1,734/mo, and annual cash flow comes to $3,532/yr on $68,786 invested. Return on cash invested is 25.04% in year one, and rental yield stands at 10.03% on a $207,500 basis. Equity gained on principal adds $1,339/yr, and 5% annual appreciation accumulates to $57,328 by year five. Five-year ROI measures 131.43% and total cumulative return in cash reaches $90,407. For financing, Ziffy Mortgage’s DSCR program evaluates $1,734/mo property income against a $1,016/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1962
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61235, Atkinson, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 639 (100%) |
| Owner Occupied HU | 475 (74.3%) |
| Renter Occupied HU | 120 (18.8%) |
| Vacant Housing Units | 44 ( 6.9%) |
| Median Home Value | $141,314 |
| Average Home Value | $185,558 |
Housing Distribution
Address Breakdown
Residential
426
Single Family
402
Multi-Family
24
Businesses
41
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