703 Kingwood DrEl PasoIL61738
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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 El Paso at 703 Kingwood Dr, El Paso, IL, 61738 offers $1,171/mo rent that, after a $954/mo payment. Total monthly income is $1,171/mo. Return on cash invested measures 16.55% in year one, and rental yield stands at 7.21% at a $195,000 entry. Equity gained on principal adds $1,258/yr while 5% annual appreciation compounds into $53,875 by year five. Five-year ROI records 85.78% and total cumulative return in cash reaches $55,450. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,171/mo property income versus a $954/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2007
6,350 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61738, El Paso, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,690 (100%) |
| Owner Occupied HU | 1,261 (74.6%) |
| Renter Occupied HU | 328 (19.4%) |
| Vacant Housing Units | 101 ( 6.0%) |
| Median Home Value | $180,494 |
| Average Home Value | $224,138 |
Housing Distribution
Address Breakdown
Residential
1,685
Single Family
1,664
Multi-Family
21
Businesses
148
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