507 E 12th 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
Investment property for sale in Delavan at 507 E 12th St, Delavan, IL, 61734 uses $33,150 cash to close to unlock $6,104/yr annual cash flow and $509/mo monthly cash flow. Total monthly income runs $1,394/mo, and a $489/mo payment keeps the spread at $509/mo. Purchase price stands at $100,000, and rental yield measures 16.73% with $1,394/mo rent. Return on cash invested shows 38.32% in year one, and 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 205.15% and total cumulative return in cash records $68,008. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,394/mo property income covering a $489/mo payment rather than investor’s personal income.
Single Family
Built in 2015
0.26 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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