316 E 3rd St, Dixon, IL, 61021 | $517/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Dixon at 316 E 3rd St, Dixon, IL, 61021 uses $65,803 cash to close to unlock $6,201/yr annual cash flow and $517/mo monthly cash flow. Total monthly income runs $1,894/mo, and a $972/mo payment keeps the spread at $517/mo. Purchase price stands at $198,500, and rental yield measures 11.45% with $1,894/mo rent. Return on cash invested shows 29.33% in year one, and 5% annual appreciation builds toward $54,842 over five years. Five-year ROI reaches 154.36% and total cumulative return in cash records $101,573. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,894/mo property income covering a $972/mo payment rather than investor’s personal income.

Single Family

Built in 1895

0.26 Acres lot

$N/A/sqft

No HOA