509 E 6th 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 509 E 6th St, Delavan, IL, 61734 with 5% annual appreciation on a $149,500 basis while $1,603/mo rent supports operations. Total monthly income totals $1,603/mo and a $732/mo payment preserves $566/mo for cash returns. Annual cash flow comes to $6,789/yr on $49,559 deployed, and return on cash invested reaches 33.61% in year one. Equity gained on principal adds $965/yr, and five-year appreciation sums $41,304 alongside rental yield of 12.87%. Five-year ROI measures 177.28% and total cumulative return in cash totals $87,857.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,603/mo property income versus a $732/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1964
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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Listed by: Jennifer M Bradshaw • The Real Estate Group Inc.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1256877
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.