328 E Prospect StKewaneeIL61443
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Kewanee at 328 E Prospect St, Kewanee, IL, 61443 with 5% annual appreciation on a $115,000 basis while $908/mo rent supports operations. Total monthly income totals $908/mo and a $563/mo payment preserves $110/mo for cash returns. Annual cash flow comes to $1,322/yr on $38,123 deployed, and return on cash invested reaches 23.38% in year one. Equity gained on principal adds $742/yr, and five-year appreciation sums $31,772 alongside rental yield of 9.47%. Five-year ROI measures 122.57% and total cumulative return in cash totals $46,725.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $908/mo property income versus a $563/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1927
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61443, Kewanee, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,351 (100%) |
| Owner Occupied HU | 4,022 (63.3%) |
| Renter Occupied HU | 1,568 (24.7%) |
| Vacant Housing Units | 761 (12.0%) |
| Median Home Value | $86,468 |
| Average Home Value | $130,548 |
Housing Distribution
Address Breakdown
Residential
5,804
Single Family
5,476
Multi-Family
328
Businesses
437
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices