5305 Columbus RdQuincyIL62305
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
Rental property for sale in Quincy at 5305 Columbus Rd, Quincy, IL, 62305 offers $1,784/mo rent that, after a $1,018/mo payment, leaves $342/mo cash flow. Total monthly income is $1,784/mo, and annual cash flow is $4,098/yr on $68,919 cash. Return on cash invested measures 25.86% in year one, and rental yield stands at 10.3% at a $207,900 entry. Equity gained on principal adds $1,342/yr while 5% annual appreciation compounds into $57,439 by year five. Five-year ROI records 135.73% and total cumulative return in cash reaches $93,544. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,784/mo property income versus a $1,018/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62305, Quincy, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,511 (100%) |
| Owner Occupied HU | 6,567 (77.2%) |
| Renter Occupied HU | 1,393 (16.4%) |
| Vacant Housing Units | 551 ( 6.5%) |
| Median Home Value | $233,541 |
| Average Home Value | $257,294 |
Housing Distribution
Address Breakdown
Residential
8,078
Single Family
7,857
Multi-Family
221
Businesses
647
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lois Jacobson • Jacobson Advantage, Inc.
Mls Name: Quincy AOR
Mls Provider:
Mls ID: #203748
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.