425 E Main StWyanetIL61379
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 Wyanet at 425 E Main St, Wyanet, IL, 61379 offers $2,178/mo rent that, after a $1,150/mo payment, leaves $548/mo cash flow. Total monthly income is $2,178/mo, and annual cash flow is $6,578/yr on $77,903 cash. Return on cash invested measures 28.35% in year one, and rental yield stands at 11.12% at a $235,000 entry. Equity gained on principal adds $1,516/yr while 5% annual appreciation compounds into $64,926 by year five. Five-year ROI records 149.15% and total cumulative return in cash reaches $116,188. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,178/mo property income versus a $1,150/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1892
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61379, Wyanet, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 548 (100%) |
| Owner Occupied HU | 403 (73.5%) |
| Renter Occupied HU | 104 (19.0%) |
| Vacant Housing Units | 41 ( 7.5%) |
| Median Home Value | $100,750 |
| Average Home Value | $154,435 |
Housing Distribution
Address Breakdown
Residential
343
Single Family
343
Multi-Family
0
Businesses
33
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