604 W Water StPaxtonIL60957
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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 Paxton at 604 W Water St, Paxton, IL, 60957 listed at $164,999 pairs $0/mo rent with a $808/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -5.21% in year one, and rental yield registers 0% at a $164,999 basis. Equity gained on principal adds $1,065/yr, and annual property appreciation at 5% supports $45,586 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $808/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1901
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60957, Paxton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,413 (100%) |
| Owner Occupied HU | 1,592 (66.0%) |
| Renter Occupied HU | 554 (23.0%) |
| Vacant Housing Units | 267 (11.1%) |
| Median Home Value | $124,230 |
| Average Home Value | $154,234 |
Housing Distribution
Address Breakdown
Residential
2,236
Single Family
2,188
Multi-Family
48
Businesses
233
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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