506 S State StAnnawanIL61234
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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 Annawan at 506 S State St, Annawan, IL, 61234 at $199,900 posts ROI 28.06% with $450/mo cash flow from $1,836/mo rent. Total monthly income equals $1,836/mo, and annual cash flow records $5,398/yr on $66,267 to close. Return on cash invested measures 28.06% and rental yield reads 11.02% at the current $199,900. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 by year five. Five-year ROI prints 147.51% and total cumulative return in cash totals $97,753.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,836/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1974
0.29 Acres lot
$N/A/sqft
No HOA
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Listed by: Allison Dana-Ensley • Mel Foster Co. Kewanee
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4267413
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.