447 S Ralph StWatsekaIL60970
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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 Watseka at 447 S Ralph St, Watseka, IL, 60970 offers $1,715/mo rent that, after a $978/mo payment, leaves $329/mo cash flow. Total monthly income is $1,715/mo, and annual cash flow is $3,949/yr on $66,234 cash. Return on cash invested measures 25.87% in year one, and rental yield stands at 10.3% at a $199,800 entry. Equity gained on principal adds $1,289/yr while 5% annual appreciation compounds into $55,201 by year five. Five-year ROI records 135.85% and total cumulative return in cash reaches $89,981. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,715/mo property income versus a $978/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60970, Watseka, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,333 (100%) |
| Owner Occupied HU | 1,968 (59.0%) |
| Renter Occupied HU | 860 (25.8%) |
| Vacant Housing Units | 505 (15.2%) |
| Median Home Value | $153,372 |
| Average Home Value | $210,017 |
Housing Distribution
Address Breakdown
Residential
2,924
Single Family
2,747
Multi-Family
177
Businesses
321
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