600 W Washington StWatsekaIL60970
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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 Watseka at 600 W Washington St, Watseka, IL, 60970 with 5% annual appreciation on a $135,000 basis while $1,339/mo rent supports operations. Total monthly income totals $1,339/mo and a $661/mo payment preserves $402/mo for cash returns. Annual cash flow comes to $4,828/yr on $44,753 deployed, and return on cash invested reaches 30.7% in year one. Equity gained on principal adds $871/yr, and five-year appreciation sums $37,298 alongside rental yield of 11.9%. Five-year ROI measures 161.77% and total cumulative return in cash totals $72,397.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,339/mo property income versus a $661/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60970, Watseka, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,333 (100%) |
| Owner Occupied HU | 1,968 (59.0%) |
| Renter Occupied HU | 860 (25.8%) |
| Vacant Housing Units | 505 (15.2%) |
| Median Home Value | $153,372 |
| Average Home Value | $210,017 |
Housing Distribution
Address Breakdown
Residential
2,924
Single Family
2,747
Multi-Family
177
Businesses
321
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