455 S 6th StWarsawIL62379
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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
Investment property for sale in Warsaw at 455 S 6th St, Warsaw, IL, 62379 offers a 0% rental yield on a $197,500 purchase with $0/mo rent. 21% in year one. Equity gained on principal adds $1,274/yr while 5% annual appreciation supports $54,566 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $967/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1892
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62379, Warsaw, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,007 (100%) |
| Owner Occupied HU | 731 (72.6%) |
| Renter Occupied HU | 114 (11.3%) |
| Vacant Housing Units | 162 (16.1%) |
| Median Home Value | $116,906 |
| Average Home Value | $162,657 |
Housing Distribution
Address Breakdown
Residential
893
Single Family
885
Multi-Family
8
Businesses
61
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