432 Northwest StUticaIL61373
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 Utica at 432 Northwest St, Utica, IL, 61373 priced at $185,000 converts $1,418/mo rent into $135/mo cash flow after a $905/mo obligation. Total monthly income equals $1,418/mo, and annual cash flow totals $1,623/yr on $61,328 invested. Return on cash invested prints 22.56% in year one, and rental yield reads 9.2% against a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation compiles into $51,112 by year five. Five-year ROI reaches 118.07% and total cumulative return in cash sums $72,411. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,418/mo property income covering a $905/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61373, Utica, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 859 (100%) |
| Owner Occupied HU | 645 (75.1%) |
| Renter Occupied HU | 130 (15.1%) |
| Vacant Housing Units | 84 ( 9.8%) |
| Median Home Value | $246,613 |
| Average Home Value | $313,609 |
Housing Distribution
Address Breakdown
Residential
664
Single Family
664
Multi-Family
0
Businesses
87
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