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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Watseka at 319 S 3rd St, Watseka, IL, 60970 listed at $189,900 pairs $1,733/mo rent with a $929/mo payment to leave $416/mo cash flow. Total monthly income runs $1,733/mo, and annual cash flow reaches $4,995/yr on $62,952 cash to close. Return on cash invested measures 27.84% in year one, and rental yield registers 10.95% at a $189,900 basis. Equity gained on principal adds $1,225/yr, and annual property appreciation at 5% supports $52,466 by year five. Five-year ROI tracks 146.42% and total cumulative return in cash totals $92,177. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,733/mo property income relative to a $929/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1929
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 60970, Watseka, IL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,333 (100%) |
| Owner Occupied HU | 1,968 (59.0%) |
| Renter Occupied HU | 860 (25.8%) |
| Vacant Housing Units | 505 (15.2%) |
| Median Home Value | $153,372 |
| Average Home Value | $210,017 |
Residential
2,924
Single Family
2,747
Multi-Family
177
Businesses
321
Date | Event | Price |
|---|---|---|
| 2025-09-29 | Sold | $189,900 |
| 2025-08-27 | Contingent | $179,900 |
| 2025-07-10 | Price change | $179,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-03 | $3686.18 | 4.84% | $36,270 | 9.02% |
| 2023-11-03 | $3515.90 | 54.92% | $33,270 | 19.25% |
| 2022-11-03 | $2269.54 | -3.58% | $27,900 | 3.07% |
Listed by: Tim Smith, ABR,e-PRO • Smith's Real Estate Services,
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12310531
Disclaimer: Based on information submitted to the MLS GRID as of 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#17)
