303 N Walnut StWenonaIL61377
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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 Wenona at 303 N Walnut St, Wenona, IL, 61377 generates $880/mo in rent, after a $1,116/mo payment. Total monthly income is $880/mo. Return on cash invested sits at 8.77% in year one, and rental yield is 4.63% on a $228,000 entry. Equity gained on principal adds $1,471/yr, while 5% annual appreciation builds toward $62,992 over five years. Five-year ROI reaches 44.14% and total cumulative return in cash sums $33,363. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $880/mo property income rather than buyer’s personal income.
Single Family
Built in 1912
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61377, Wenona, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 655 (100%) |
| Owner Occupied HU | 426 (65.0%) |
| Renter Occupied HU | 137 (20.9%) |
| Vacant Housing Units | 92 (14.0%) |
| Median Home Value | $119,776 |
| Average Home Value | $165,869 |
Housing Distribution
Address Breakdown
Residential
355
Single Family
355
Multi-Family
0
Businesses
50
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