515 Wiker DrRock FallsIL61071
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Rock Falls at 515 Wiker Dr, Rock Falls, IL, 61071 at $159,900 posts ROI 23.48% with $158/mo cash flow from $1,267/mo rent. Total monthly income equals $1,267/mo, and annual cash flow records $1,890/yr on $53,007 to close. Return on cash invested measures 23.48% and rental yield reads 9.51% at the current $159,900. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,177 by year five. Five-year ROI prints 122.98% and total cumulative return in cash totals $65,190.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,267/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1960
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61071, Rock Falls, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,387 (100%) |
| Owner Occupied HU | 4,150 (65.0%) |
| Renter Occupied HU | 1,619 (25.3%) |
| Vacant Housing Units | 618 ( 9.7%) |
| Median Home Value | $120,084 |
| Average Home Value | $151,421 |
Housing Distribution
Address Breakdown
Residential
5,899
Single Family
5,570
Multi-Family
329
Businesses
412
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Callie Gottemoller, ABR • United Country Sauk Valley Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12456493