423 S Walnut St #427West UnionIL62477
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 West Union at 423 S Walnut St #427, West Union, IL, 62477 generates $1,252/mo in rent and, after a $685/mo payment, leaves $281/mo in cash flow. Total monthly income is $1,252/mo, and annual cash flow is $3,374/yr on $46,410 invested. Return on cash invested sits at 27.18% in year one, and rental yield is 10.73% on a $140,000 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 142.91% and total cumulative return in cash sums $66,322. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,252/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62477, West Union, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 421 (100%) |
| Owner Occupied HU | 321 (76.2%) |
| Renter Occupied HU | 52 (12.4%) |
| Vacant Housing Units | 48 (11.4%) |
| Median Home Value | $149,085 |
| Average Home Value | $191,978 |
Housing Distribution
Address Breakdown
Residential
363
Single Family
363
Multi-Family
0
Businesses
29
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A