419 Willow StPaysonIL62360
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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 Payson at 419 Willow St, Payson, IL, 62360 priced at $179,900 converts $1,399/mo rent into $151/mo cash flow after a $881/mo obligation. Total monthly income equals $1,399/mo, and annual cash flow totals $1,808/yr on $59,637 invested. Return on cash invested prints 22.94% in year one, and rental yield reads 9.33% against a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation compiles into $49,703 by year five. Five-year ROI reaches 120.1% and total cumulative return in cash sums $71,625. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,399/mo property income covering a $881/mo payment, not borrower’s personal income.
Single Family
Built in 1976
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62360, Payson, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 722 (100%) |
| Owner Occupied HU | 546 (75.6%) |
| Renter Occupied HU | 118 (16.3%) |
| Vacant Housing Units | 58 ( 8.0%) |
| Median Home Value | $160,776 |
| Average Home Value | $198,498 |
Housing Distribution
Address Breakdown
Residential
577
Single Family
577
Multi-Family
0
Businesses
32
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