605 E Overton StTuscolaIL61953
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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 Tuscola at 605 E Overton St, Tuscola, IL, 61953 with 5% annual appreciation on a $142,000 basis while $1,070/mo rent supports operations. Total monthly income totals $1,070/mo and a $695/mo payment preserves $85/mo for cash returns. Annual cash flow comes to $1,021/yr on $47,073 deployed, and return on cash invested reaches 22.08% in year one. Equity gained on principal adds $916/yr, and five-year appreciation sums $39,232 alongside rental yield of 9.04%. Five-year ROI measures 115.54% and total cumulative return in cash totals $54,386.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,070/mo property income versus a $695/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1920
6,480 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61953, Tuscola, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,959 (100%) |
| Owner Occupied HU | 1,975 (66.7%) |
| Renter Occupied HU | 714 (24.1%) |
| Vacant Housing Units | 270 ( 9.1%) |
| Median Home Value | $178,656 |
| Average Home Value | $197,411 |
Housing Distribution
Address Breakdown
Residential
2,766
Single Family
2,588
Multi-Family
178
Businesses
267
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