625 Pawn AveQuincyIL62305
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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 Quincy at 625 Pawn Ave, Quincy, IL, 62305 offers $1,589/mo rent that, after a $978/mo payment, leaves $143/mo cash flow. Total monthly income is $1,589/mo, and annual cash flow is $1,714/yr on $66,267 cash. Return on cash invested measures 22.5% in year one, and rental yield stands at 9.54% at a $199,900 entry. Equity gained on principal adds $1,290/yr while 5% annual appreciation compounds into $55,229 by year five. Five-year ROI records 118.09% and total cumulative return in cash reaches $78,253. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,589/mo property income versus a $978/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
$720 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62305, Quincy, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,511 (100%) |
| Owner Occupied HU | 6,567 (77.2%) |
| Renter Occupied HU | 1,393 (16.4%) |
| Vacant Housing Units | 551 ( 6.5%) |
| Median Home Value | $233,541 |
| Average Home Value | $257,294 |
Housing Distribution
Address Breakdown
Residential
8,078
Single Family
7,857
Multi-Family
221
Businesses
647
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Listed by: Joe Mays • Mays LLC REALTORS
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1035400
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.