603 Waterford LnDecaturIL62526
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 Decatur at 603 Waterford Ln, Decatur, IL, 62526 at $250,503 posts ROI 32.88% with $897/mo cash flow from $2,885/mo rent. Total monthly income equals $2,885/mo, and annual cash flow records $10,770/yr on $83,042 to close. Return on cash invested measures 32.88% and rental yield reads 13.82% at the current $250,503. Equity gained on principal adds $1,616/yr, and 5% annual appreciation supports $69,209 by year five. Five-year ROI prints 174.71% and total cumulative return in cash totals $145,080.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,885/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1994
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62526, Decatur, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,051 (100%) |
| Owner Occupied HU | 8,507 (53.0%) |
| Renter Occupied HU | 5,728 (35.7%) |
| Vacant Housing Units | 1,816 (11.3%) |
| Median Home Value | $95,635 |
| Average Home Value | $124,329 |
Housing Distribution
Address Breakdown
Residential
14,951
Single Family
12,539
Multi-Family
2,412
Businesses
1,015
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
