805 State StWood RiverIL62095
Nearby investment properties with comparable rents
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 Wood River at 805 State St, Wood River, IL, 62095 priced at $154,900 pairs $1,502/mo rent with $428/mo cash flow after a $758/mo payment. Total monthly income equals $1,502/mo, and annual cash flow comes to $5,133/yr on $51,349 invested. Return on cash invested is 29.91% in year one, and rental yield stands at 11.64% on a $154,900 basis. Equity gained on principal adds $1,000/yr, and 5% annual appreciation accumulates to $42,796 by year five. Five-year ROI measures 157.46% and total cumulative return in cash reaches $80,852. For financing, Ziffy Mortgage’s DSCR program evaluates $1,502/mo property income against a $758/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1945
6,298 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62095, Wood River, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,283 (100%) |
| Owner Occupied HU | 3,376 (63.9%) |
| Renter Occupied HU | 1,490 (28.2%) |
| Vacant Housing Units | 417 ( 7.9%) |
| Median Home Value | $121,172 |
| Average Home Value | $169,213 |
Housing Distribution
Address Breakdown
Residential
4,862
Single Family
4,579
Multi-Family
283
Businesses
361
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Nearby investment properties with comparable prices
Listed by: Julie M Smith • Tarrant and Harman Real Estate and Auction Co
Mls Name: MARIS
Mls ID: #25060025