637 Jackson StQuincyIL62301
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 637 Jackson St, Quincy, IL, 62301 generates $1,594/mo in rent and, after a $782/mo payment, leaves $486/mo in cash flow. Total monthly income is $1,594/mo, and annual cash flow is $5,829/yr on $52,974 invested. Return on cash invested sits at 30.91% in year one, and rental yield is 11.97% on a $159,800 entry. Equity gained on principal adds $1,031/yr, while 5% annual appreciation builds toward $44,150 over five years. Five-year ROI reaches 162.85% and total cumulative return in cash sums $86,267. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,594/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
7,520 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62301, Quincy, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,397 (100%) |
| Owner Occupied HU | 8,347 (54.2%) |
| Renter Occupied HU | 5,101 (33.1%) |
| Vacant Housing Units | 1,949 (12.7%) |
| Median Home Value | $140,293 |
| Average Home Value | $168,944 |
Housing Distribution
Address Breakdown
Residential
14,221
Single Family
13,255
Multi-Family
966
Businesses
1,299
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices