325 W North StDixIL62830
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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 Dix at 325 W North St, Dix, IL, 62830 priced at $411,200 converts $3,377/mo rent into $524/mo cash flow after a $2,013/mo obligation. Total monthly income equals $3,377/mo, and annual cash flow totals $6,294/yr on $136,313 invested. Return on cash invested prints 24.53% in year one, and rental yield reads 9.86% against a $411,200 entry. Equity gained on principal adds $2,653/yr, while 5% annual appreciation compiles into $113,607 by year five. Five-year ROI reaches 128.59% and total cumulative return in cash sums $175,288. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,377/mo property income covering a $2,013/mo payment, not borrower’s personal income.
Single Family
Built in 2001
5.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62830, Dix, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 763 (100%) |
| Owner Occupied HU | 545 (71.4%) |
| Renter Occupied HU | 169 (22.1%) |
| Vacant Housing Units | 49 ( 6.4%) |
| Median Home Value | $157,415 |
| Average Home Value | $189,477 |
Housing Distribution
Address Breakdown
Residential
609
Single Family
514
Multi-Family
95
Businesses
34
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