469 Tipton AveWood RiverIL62095
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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 Wood River at 469 Tipton Ave, Wood River, IL, 62095 offers a 9.29% rental yield on a $130,000 purchase with $1,006/mo rent. Total monthly income registers $1,006/mo, and a $636/mo payment leaves $105/mo available for distribution. Annual cash flow reaches $1,255/yr on $43,095 to close, and return on cash invested stands at 22.82% in year one. Equity gained on principal adds $839/yr while 5% annual appreciation supports $35,917 over five years. Portfolio math shows five-year ROI at 119.46% and total cumulative return in cash at $51,483. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,006/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1925
6,751 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62095, Wood River, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,283 (100%) |
| Owner Occupied HU | 3,376 (63.9%) |
| Renter Occupied HU | 1,490 (28.2%) |
| Vacant Housing Units | 417 ( 7.9%) |
| Median Home Value | $121,172 |
| Average Home Value | $169,213 |
Housing Distribution
Address Breakdown
Residential
4,862
Single Family
4,579
Multi-Family
283
Businesses
361
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Listed by: Ali L Tarrant • Tarrant and Harman Real Estate and Auction Co
Mls Name: MARIS
Mls ID: #25075130