313 E Wall StWordenIL62097
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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 Worden at 313 E Wall St, Worden, IL, 62097 offers a 4.35% rental yield on a $232,900 purchase with $845/mo rent. 93% in year one. Equity gained on principal adds $1,503/yr while 5% annual appreciation supports $64,346 over five years. Portfolio math shows five-year ROI at 39.64% and total cumulative return in cash at $30,605. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $845/mo property income against a $1,140/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1984
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62097, Worden, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,253 (100%) |
| Owner Occupied HU | 1,009 (80.5%) |
| Renter Occupied HU | 125 ( 10.0%) |
| Vacant Housing Units | 119 ( 9.5%) |
| Median Home Value | $331,061 |
| Average Home Value | $317,753 |
Housing Distribution
Address Breakdown
Residential
1,202
Single Family
1,202
Multi-Family
0
Businesses
57
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Listed by: Brian Stanley • eXp Realty
Mls Name: MARIS
Mls Provider:
Mls ID: #25041037
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