535 E Washington StPittsfieldIL62363
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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 Pittsfield at 535 E Washington St, Pittsfield, IL, 62363 offers a 9.36% rental yield on a $130,000 purchase with $1,014/mo rent. Total monthly income registers $1,014/mo, and a $636/mo payment leaves $113/mo available for distribution. Annual cash flow reaches $1,351/yr on $43,095 to close, and return on cash invested stands at 23.04% in year one. Equity gained on principal adds $839/yr while 5% annual appreciation supports $35,917 over five years. Portfolio math shows five-year ROI at 120.66% and total cumulative return in cash at $51,999. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,014/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62363, Pittsfield, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,738 (100%) |
| Owner Occupied HU | 1,786 (65.2%) |
| Renter Occupied HU | 576 (21.0%) |
| Vacant Housing Units | 376 (13.7%) |
| Median Home Value | $141,274 |
| Average Home Value | $166,190 |
Housing Distribution
Address Breakdown
Residential
2,402
Single Family
2,381
Multi-Family
21
Businesses
304
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Listed by: Robert Evans • Ridgeline Sales Group, LLC
Mls Name: My State MLS
Mls ID: #11524338