404 S 4th AveNew WindsorIL61465
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
Rental property for sale in New Windsor at 404 S 4th Ave, New Windsor, IL, 61465 priced at $148,000 pairs $1,558/mo rent with $532/mo cash flow after a $724/mo payment. Total monthly income equals $1,558/mo, and annual cash flow comes to $6,382/yr on $49,062 invested. Return on cash invested is 32.92% in year one, and rental yield stands at 12.63% on a $148,000 basis. Equity gained on principal adds $955/yr, and 5% annual appreciation accumulates to $40,890 by year five. Five-year ROI measures 173.59% and total cumulative return in cash reaches $85,166. For financing, Ziffy Mortgage’s DSCR program evaluates $1,558/mo property income against a $724/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1901
6,900 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61465, New Windsor, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 531 (100%) |
| Owner Occupied HU | 399 (75.1%) |
| Renter Occupied HU | 76 (14.3%) |
| Vacant Housing Units | 56 (10.5%) |
| Median Home Value | $136,012 |
| Average Home Value | $182,036 |
Housing Distribution
Address Breakdown
Residential
282
Single Family
282
Multi-Family
0
Businesses
31
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Listed by: Charity Soseman • All City Realty
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4261278
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.