719 Washington StHighlandIL62249
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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 Highland at 719 Washington St, Highland, IL, 62249 priced at $182,760 pairs $1,399/mo rent with $62/mo cash flow after a $895/mo payment. Total monthly income equals $1,399/mo, and annual cash flow comes to $746/yr on $60,585 invested. Return on cash invested is 21.14% in year one, and rental yield stands at 9.19% on a $182,760 basis. Equity gained on principal adds $1,179/yr, and 5% annual appreciation accumulates to $50,493 by year five. Five-year ROI measures 110.99% and total cumulative return in cash reaches $67,243. For financing, Ziffy Mortgage’s DSCR program evaluates $1,399/mo property income against a $895/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
6,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62249, Highland, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,148 (100%) |
| Owner Occupied HU | 5,271 (73.7%) |
| Renter Occupied HU | 1,472 (20.6%) |
| Vacant Housing Units | 405 ( 5.7%) |
| Median Home Value | $264,878 |
| Average Home Value | $300,071 |
Housing Distribution
Address Breakdown
Residential
6,867
Single Family
6,539
Multi-Family
328
Businesses
511
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