6 Mimosa DrWood RiverIL62095
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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 Wood River at 6 Mimosa Dr, Wood River, IL, 62095 earns $224/mo cash flow from $2,021/mo rent with a $1,268/mo payment. Total monthly income totals $2,021/mo, and annual cash flow totals $2,690/yr on $85,859 capital. ROI tracks 23.04% on current figures, and rental yield reads 9.36% at a $259,000 purchase. Equity gained on principal adds $1,671/yr, and 5% annual appreciation supports $71,557 over five years. Five-year ROI reaches 120.68% and total cumulative return in cash sums $103,612. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,021/mo property income instead of your personal income.
Single Family
Built in 1964
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62095, Wood River, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,283 (100%) |
| Owner Occupied HU | 3,376 (63.9%) |
| Renter Occupied HU | 1,490 (28.2%) |
| Vacant Housing Units | 417 ( 7.9%) |
| Median Home Value | $121,172 |
| Average Home Value | $169,213 |
Housing Distribution
Address Breakdown
Residential
4,862
Single Family
4,579
Multi-Family
283
Businesses
361
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Listed by: Randy Gibson • Keller Williams Marquee
Mls Name: MARIS
Mls ID: #25065670