404 Devonshire RdWashingtonIL61571
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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 Washington at 404 Devonshire Rd, Washington, IL, 61571 earns $745/mo cash flow from $2,202/mo rent with a $1,028/mo payment. Total monthly income totals $2,202/mo, and annual cash flow totals $8,943/yr on $69,615 capital. ROI tracks 32.76% on current figures, and rental yield reads 12.58% at a $210,000 purchase. Equity gained on principal adds $1,355/yr, and 5% annual appreciation supports $58,019 over five years. Five-year ROI reaches 172.76% and total cumulative return in cash sums $120,268. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,202/mo property income instead of your personal income.
Single Family
Built in 1959
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61571, Washington, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,342 (100%) |
| Owner Occupied HU | 7,655 (74.0%) |
| Renter Occupied HU | 2,036 (19.7%) |
| Vacant Housing Units | 651 ( 6.3%) |
| Median Home Value | $232,683 |
| Average Home Value | $263,343 |
Housing Distribution
Address Breakdown
Residential
10,233
Single Family
9,440
Multi-Family
793
Businesses
536
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Listed by: Seth A Goodman • ME Realty
Mls Name: RMLS Alliance
Mls ID: #CA1039244