508 N Washington StMount PulaskiIL62548
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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 Mount Pulaski at 508 N Washington St, Mount Pulaski, IL, 62548 priced at $230,000 pairs $0/mo rent with after a $1,126/mo payment. Total monthly income equals $0/mo. Return on cash invested is -5.2% in year one, and rental yield stands at 0% on a $230,000 basis. Equity gained on principal adds $1,484/yr, and 5% annual appreciation accumulates to $63,545 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $1,126/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1836
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62548, Mount Pulaski, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,047 (100%) |
| Owner Occupied HU | 756 (72.2%) |
| Renter Occupied HU | 187 (17.9%) |
| Vacant Housing Units | 104 ( 9.9%) |
| Median Home Value | $124,260 |
| Average Home Value | $154,897 |
Housing Distribution
Address Breakdown
Residential
932
Single Family
932
Multi-Family
0
Businesses
69
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Listed by: Jacque Combs • RE/MAX Professionals
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1037486
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