7340 E 800th AveNewtonIL62448
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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 Newton at 7340 E 800th Ave, Newton, IL, 62448 earns from $0/mo rent with a $1,640/mo payment. Total monthly income totals $0/mo. ROI tracks -5.2% on current figures, and rental yield reads 0% at a $335,000 purchase. Equity gained on principal adds $2,162/yr, and 5% annual appreciation supports $92,554 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $0/mo property income instead of your personal income.
Single Family
Built in 1975
5.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62448, Newton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,596 (100%) |
| Owner Occupied HU | 1,912 (73.7%) |
| Renter Occupied HU | 416 (16.0%) |
| Vacant Housing Units | 268 (10.3%) |
| Median Home Value | $139,157 |
| Average Home Value | $205,139 |
Housing Distribution
Address Breakdown
Residential
2,513
Single Family
2,454
Multi-Family
59
Businesses
257
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