402 E Allen AveWittIL62094
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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 Witt at 402 E Allen Ave, Witt, IL, 62094 earns $91/mo cash flow from $1,155/mo rent with a $751/mo payment. Total monthly income totals $1,155/mo, and annual cash flow totals $1,087/yr on $50,885 capital. ROI tracks 22.05% on current figures, and rental yield reads 9.03% at a $153,500 purchase. Equity gained on principal adds $991/yr, and 5% annual appreciation supports $42,409 over five years. Five-year ROI reaches 115.3% and total cumulative return in cash sums $58,669. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,155/mo property income instead of your personal income.
Single Family
Built in 1920
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62094, Witt, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 536 (100%) |
| Owner Occupied HU | 379 (70.7%) |
| Renter Occupied HU | 88 (16.4%) |
| Vacant Housing Units | 69 (12.9%) |
| Median Home Value | $103,906 |
| Average Home Value | $184,241 |
Housing Distribution
Address Breakdown
Residential
316
Single Family
316
Multi-Family
0
Businesses
19
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