305 Mary StWashingtonIL61571
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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
Investment property for sale in Washington at 305 Mary St, Washington, IL, 61571 at $149,900 posts ROI 33.29% with $554/mo cash flow from $1,594/mo rent. Total monthly income equals $1,594/mo, and annual cash flow records $6,647/yr on $49,692 to close. Return on cash invested measures 33.29% and rental yield reads 12.76% at the current $149,900. Equity gained on principal adds $967/yr, and 5% annual appreciation supports $41,415 by year five. Five-year ROI prints 175.56% and total cumulative return in cash totals $87,239.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,594/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1956
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61571, Washington, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,342 (100%) |
| Owner Occupied HU | 7,655 (74.0%) |
| Renter Occupied HU | 2,036 (19.7%) |
| Vacant Housing Units | 651 ( 6.3%) |
| Median Home Value | $232,683 |
| Average Home Value | $263,343 |
Housing Distribution
Address Breakdown
Residential
10,233
Single Family
9,440
Multi-Family
793
Businesses
536
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Nearby investment properties with comparable prices
Listed by: Carter Grieco • Nicole Grieco Realty
Mls Name: RMLS Alliance
Mls ID: #PA1262715