5118 N 1350th StWatsonIL62473
Nearby investment properties with comparable rents
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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 Watson at 5118 N 1350th St, Watson, IL, 62473 offers a 8.09% rental yield on a $339,900 purchase with $2,291/mo rent. 2% in year one. Equity gained on principal adds $2,193/yr while 5% annual appreciation supports $93,908 over five years. Portfolio math shows five-year ROI at 100.03% and total cumulative return in cash at $112,715. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,291/mo property income against a $1,664/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2016
1.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62473, Watson, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 549 (100%) |
| Owner Occupied HU | 443 (80.7%) |
| Renter Occupied HU | 55 (10.0%) |
| Vacant Housing Units | 51 ( 9.3%) |
| Median Home Value | $215,051 |
| Average Home Value | $231,179 |
Housing Distribution
Address Breakdown
Residential
468
Single Family
468
Multi-Family
0
Businesses
17
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