305 Prospect AveDwightIL60420
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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 Dwight at 305 Prospect Ave, Dwight, IL, 60420 with 5% annual appreciation on a $279,000 basis while $1,740/mo rent supports operations. 37% in year one. Equity gained on principal adds $1,800/yr, and five-year appreciation sums $77,083 alongside rental yield of 7.48%. Five-year ROI measures 90.25% and total cumulative return in cash totals $83,467. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,740/mo property income versus a $1,366/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1970
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60420, Dwight, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,182 (100%) |
| Owner Occupied HU | 1,402 (64.3%) |
| Renter Occupied HU | 562 (25.8%) |
| Vacant Housing Units | 218 ( 10.0%) |
| Median Home Value | $163,291 |
| Average Home Value | $187,978 |
Housing Distribution
Address Breakdown
Residential
2,090
Single Family
1,926
Multi-Family
164
Businesses
168
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