516 N Williams St, Reynolds, IL, 61279 | $87/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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516 N Williams St, Reynolds, IL, 61279 | $87/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Reynolds at 516 N Williams St, Reynolds, IL, 61279 uses $41,438 cash to close to unlock $1,041/yr annual cash flow and $87/mo monthly cash flow. Total monthly income runs $954/mo, and a $612/mo payment keeps the spread at $87/mo. Purchase price stands at $125,000, and rental yield measures 9.16% with $954/mo rent. Return on cash invested shows 22.42% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 117.33% and total cumulative return in cash records $48,617. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $954/mo property income covering a $612/mo payment rather than investor’s personal income.

Single Family

Built in 1900

10,500 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome home to this cozy 3 bedroom home in the heart of Reynolds, IL. This home has recently had great improvements including fresh painted and updated siding, a new garage roof and overhead door, and a large and renovated shed. The large yard is partially fenced in, and a lovely patio sit next to it all. Inside, you will find a large main level laundry room, which also makes a nice mudroom. 3 good size bedrooms and 1 full bathroom, along with a half bath in the upper level. This home has new mechanicals, water heater and electrical updates. Don't miss this opportunity, call for your showing today.

Neighborhood Data

Neighborhood data shown for ZIP Code: 61279, Reynolds, IL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	448 (100%)
Owner Occupied HU	342 (76.3%)
Renter Occupied HU	50 (11.2%)
Vacant Housing Units	56 (12.5%)
Median Home Value	$196,622
Average Home Value	$223,414