460 S Prospect StWaverlyIL62692
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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 Waverly at 460 S Prospect St, Waverly, IL, 62692 with 5% annual appreciation on a $145,000 basis while $1,300/mo rent supports operations. Total monthly income totals $1,300/mo and a $710/mo payment preserves $294/mo for cash returns. Annual cash flow comes to $3,527/yr on $48,068 deployed, and return on cash invested reaches 27.25% in year one. Equity gained on principal adds $936/yr, and five-year appreciation sums $40,061 alongside rental yield of 10.76%. Five-year ROI measures 143.19% and total cumulative return in cash totals $68,828.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,300/mo property income versus a $710/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1940
0.50 Acres lot
$N/A/sqft
No HOA
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Listed by: Lori A Waggener • The Real Estate Group, Inc.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1037398
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