517 S Church StWaterlooIL62298
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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 Waterloo at 517 S Church St, Waterloo, IL, 62298 listed at $159,500 pairs $1,165/mo rent with a $781/mo payment to leave $58/mo cash flow. Total monthly income runs $1,165/mo, and annual cash flow reaches $700/yr on $52,874 cash to close. Return on cash invested measures 21.23% in year one, and rental yield registers 8.76% at a $159,500 basis. Equity gained on principal adds $1,029/yr, and annual property appreciation at 5% supports $44,067 by year five. Five-year ROI tracks 111% and total cumulative return in cash totals $58,693. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,165/mo property income relative to a $781/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
7,448 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62298, Waterloo, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,538 (100%) |
| Owner Occupied HU | 5,947 (78.9%) |
| Renter Occupied HU | 1,251 (16.6%) |
| Vacant Housing Units | 340 ( 4.5%) |
| Median Home Value | $295,370 |
| Average Home Value | $322,634 |
Housing Distribution
Address Breakdown
Residential
7,397
Single Family
7,365
Multi-Family
32
Businesses
446
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