379 W North StWatsekaIL60970
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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 Watseka at 379 W North St, Watseka, IL, 60970 generates $803/mo in rent, after a $587/mo payment. Total monthly income is $803/mo. Return on cash invested sits at 19.04% in year one, and rental yield is 8.04% on a $119,900 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 99.24% and total cumulative return in cash sums $39,444. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $803/mo property income rather than buyer’s personal income.
Single Family
Built in 1943
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60970, Watseka, IL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
2,924
Single Family
2,747
Multi-Family
177
Businesses
321
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