317 N Ward StGeneseoIL61254
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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 Geneseo at 317 N Ward St, Geneseo, IL, 61254 priced at $145,000 converts $1,466/mo rent into $460/mo cash flow after a $710/mo obligation. Total monthly income equals $1,466/mo, and annual cash flow totals $5,519/yr on $48,068 invested. Return on cash invested prints 31.39% in year one, and rental yield reads 12.13% against a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation compiles into $40,061 by year five. Five-year ROI reaches 165.36% and total cumulative return in cash sums $79,484. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,466/mo property income covering a $710/mo payment, not borrower’s personal income.
Single Family
Built in 1958
6,873 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61254, Geneseo, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,167 (100%) |
| Owner Occupied HU | 3,911 (75.7%) |
| Renter Occupied HU | 878 (17.0%) |
| Vacant Housing Units | 378 ( 7.3%) |
| Median Home Value | $226,871 |
| Average Home Value | $250,255 |
Housing Distribution
Address Breakdown
Residential
5,015
Single Family
4,696
Multi-Family
319
Businesses
408
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