3322 N 12th StQuincyIL62305
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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
Investment property for sale in Quincy at 3322 N 12th St, Quincy, IL, 62305 offers a 8.16% rental yield on a $209,950 purchase with $1,428/mo rent. 42% in year one. Equity gained on principal adds $1,355/yr while 5% annual appreciation supports $58,005 over five years. Portfolio math shows five-year ROI at 101.23% and total cumulative return in cash at $70,452. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,428/mo property income against a $1,028/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62305, Quincy, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,511 (100%) |
| Owner Occupied HU | 6,567 (77.2%) |
| Renter Occupied HU | 1,393 (16.4%) |
| Vacant Housing Units | 551 ( 6.5%) |
| Median Home Value | $233,541 |
| Average Home Value | $257,294 |
Housing Distribution
Address Breakdown
Residential
8,078
Single Family
7,857
Multi-Family
221
Businesses
647
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