606 W Edgington StReynoldsIL61279
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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 Reynolds at 606 W Edgington St, Reynolds, IL, 61279 with 5% annual appreciation on a $133,500 basis while $1,346/mo rent supports operations. Total monthly income totals $1,346/mo and a $653/mo payment preserves $418/mo for cash returns. Annual cash flow comes to $5,010/yr on $44,255 deployed, and return on cash invested reaches 31.23% in year one. Equity gained on principal adds $861/yr, and five-year appreciation sums $36,884 alongside rental yield of 12.1%. Five-year ROI measures 164.61% and total cumulative return in cash totals $72,850.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,346/mo property income versus a $653/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1970
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61279, Reynolds, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 448 (100%) |
| Owner Occupied HU | 342 (76.3%) |
| Renter Occupied HU | 50 (11.2%) |
| Vacant Housing Units | 56 (12.5%) |
| Median Home Value | $196,622 |
| Average Home Value | $223,414 |
Housing Distribution
Address Breakdown
Residential
325
Single Family
325
Multi-Family
0
Businesses
13
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Listed by: Tracy Rogers • Ruhl&Ruhl REALTORS Bettendorf
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4265007
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.