604 E 3rd StDelavanIL61734
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 Delavan at 604 E 3rd St, Delavan, IL, 61734 listed at $139,900 pairs $2,993/mo rent with a $685/mo payment to leave $2,022/mo cash flow. Total monthly income runs $2,993/mo, and annual cash flow reaches $24,268/yr on $46,377 cash to close. Return on cash invested measures 72.24% in year one, and rental yield registers 25.67% at a $139,900 basis. Equity gained on principal adds $903/yr, and annual property appreciation at 5% supports $38,652 by year five. Five-year ROI tracks 384.51% and total cumulative return in cash totals $178,323. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,993/mo property income relative to a $685/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1913
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61734, Delavan, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,180 (100%) |
| Owner Occupied HU | 885 (75.0%) |
| Renter Occupied HU | 185 (15.7%) |
| Vacant Housing Units | 110 ( 9.3%) |
| Median Home Value | $172,329 |
| Average Home Value | $199,186 |
Housing Distribution
Address Breakdown
Residential
885
Single Family
869
Multi-Family
16
Businesses
56
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices