618 W Sherman AvePontiacIL61764
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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
Rental property for sale in Pontiac at 618 W Sherman Ave, Pontiac, IL, 61764 priced at $120,000 pairs $1,093/mo rent with $261/mo cash flow after a $587/mo payment. Total monthly income equals $1,093/mo, and annual cash flow comes to $3,132/yr on $39,780 invested. Return on cash invested is 27.78% in year one, and rental yield stands at 10.93% on a $120,000 basis. Equity gained on principal adds $774/yr, and 5% annual appreciation accumulates to $33,154 by year five. Five-year ROI measures 146.02% and total cumulative return in cash reaches $58,087. For financing, Ziffy Mortgage’s DSCR program evaluates $1,093/mo property income against a $587/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1910
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61764, Pontiac, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,937 (100%) |
| Owner Occupied HU | 3,700 (62.3%) |
| Renter Occupied HU | 1,677 (28.2%) |
| Vacant Housing Units | 560 ( 9.4%) |
| Median Home Value | $143,224 |
| Average Home Value | $185,956 |
Housing Distribution
Address Breakdown
Residential
5,297
Single Family
4,736
Multi-Family
561
Businesses
481
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