600 S 22nd StQuincyIL62301
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
Investment property for sale in Quincy at 600 S 22nd St, Quincy, IL, 62301 earns $753/mo cash flow from $1,759/mo rent with a $710/mo payment. Total monthly income totals $1,759/mo, and annual cash flow totals $9,035/yr on $48,068 capital. ROI tracks 38.71% on current figures, and rental yield reads 14.56% at a $145,000 purchase. Equity gained on principal adds $936/yr, and 5% annual appreciation supports $40,061 over five years. Five-year ROI reaches 204.6% and total cumulative return in cash sums $98,348. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,759/mo property income instead of your personal income.
Single Family
Built in 1907
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62301, Quincy, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,397 (100%) |
| Owner Occupied HU | 8,347 (54.2%) |
| Renter Occupied HU | 5,101 (33.1%) |
| Vacant Housing Units | 1,949 (12.7%) |
| Median Home Value | $140,293 |
| Average Home Value | $168,944 |
Housing Distribution
Address Breakdown
Residential
14,221
Single Family
13,255
Multi-Family
966
Businesses
1,299
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Heath Henderson • Zanger & Associates, Inc., REALTORS
Mls Name: Quincy AOR
Mls Provider:
Mls ID: #203718
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.