501 E 7th StDelavanIL61734
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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 Delavan at 501 E 7th St, Delavan, IL, 61734 offers $1,214/mo rent that, after a $534/mo payment, leaves $423/mo cash flow. Total monthly income is $1,214/mo, and annual cash flow is $5,073/yr on $36,134 cash. Return on cash invested measures 33.95% in year one, and rental yield stands at 13.37% at a $109,000 entry. Equity gained on principal adds $703/yr while 5% annual appreciation compounds into $30,115 by year five. Five-year ROI records 179.53% and total cumulative return in cash reaches $64,870. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,214/mo property income versus a $534/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61734, Delavan, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,180 (100%) |
| Owner Occupied HU | 885 (75.0%) |
| Renter Occupied HU | 185 (15.7%) |
| Vacant Housing Units | 110 ( 9.3%) |
| Median Home Value | $172,329 |
| Average Home Value | $199,186 |
Housing Distribution
Address Breakdown
Residential
885
Single Family
869
Multi-Family
16
Businesses
56
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Listed by: Daisy Bouillon • Sunflower Real Estate Group, LLC
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1253982
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.