724 E 3rd StDixonIL61021
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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
Investment property for sale in Dixon at 724 E 3rd St, Dixon, IL, 61021 with 5% annual appreciation on a $234,900 basis while $2,884/mo rent supports operations. Total monthly income totals $2,884/mo and a $1,150/mo payment preserves $1,089/mo for cash returns. Annual cash flow comes to $13,066/yr on $77,869 deployed, and return on cash invested reaches 36.69% in year one. Equity gained on principal adds $1,516/yr, and five-year appreciation sums $64,899 alongside rental yield of 14.73%. Five-year ROI measures 194.72% and total cumulative return in cash totals $151,629.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,884/mo property income versus a $1,150/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1930
0.27 Acres lot
$N/A/sqft
No HOA
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Listed by: JD Gieson • Re/Max Of Rock Valley
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202403961
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