574 E 2nd AveWoodhullIL61490
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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 Woodhull at 574 E 2nd Ave, Woodhull, IL, 61490 with 5% annual appreciation on a $155,000 basis while $1,191/mo rent supports operations. Total monthly income totals $1,191/mo and a $759/mo payment preserves $116/mo for cash returns. Annual cash flow comes to $1,386/yr on $51,383 deployed, and return on cash invested reaches 22.61% in year one. Equity gained on principal adds $1,000/yr, and five-year appreciation sums $42,824 alongside rental yield of 9.22%. Five-year ROI measures 118.34% and total cumulative return in cash totals $60,808.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,191/mo property income versus a $759/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1966
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61490, Woodhull, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 487 (100%) |
| Owner Occupied HU | 367 (75.4%) |
| Renter Occupied HU | 79 (16.2%) |
| Vacant Housing Units | 41 ( 8.4%) |
| Median Home Value | $163,564 |
| Average Home Value | $183,379 |
Housing Distribution
Address Breakdown
Residential
253
Single Family
253
Multi-Family
0
Businesses
52
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Listed by: Thomas L Knapp • RE/MAX Preferred Properties
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1035274
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.