745 N Ottawa AveDixonIL61021
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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 745 N Ottawa Ave, Dixon, IL, 61021 uses $37,874 cash to close to unlock $1,017/yr annual cash flow and $85/mo monthly cash flow. Total monthly income runs $877/mo, and a $559/mo payment keeps the spread at $85/mo. Purchase price stands at $114,250, and rental yield measures 9.21% with $877/mo rent. Return on cash invested shows 22.59% in year one, and 5% annual appreciation builds toward $31,565 over five years. Five-year ROI reaches 118.22% and total cumulative return in cash records $44,774. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $877/mo property income covering a $559/mo payment rather than investor’s personal income.
Single Family
Built in 1931
8,276 sqft lot
$N/A/sqft
No HOA
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Listed by: Carla Benesh • Re/Max Of Rock Valley
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202406875
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.