805 W 3rd StDelavanIL61734
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
Investment property for sale in Delavan at 805 W 3rd St, Delavan, IL, 61734 uses $50,554 cash to close to unlock $6,824/yr annual cash flow and $569/mo monthly cash flow. Total monthly income runs $1,626/mo, and a $746/mo payment keeps the spread at $569/mo. Purchase price stands at $152,500, and rental yield measures 12.79% with $1,626/mo rent. Return on cash invested shows 33.41% in year one, and 5% annual appreciation builds toward $42,133 over five years. Five-year ROI reaches 176.25% and total cumulative return in cash records $89,099. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,626/mo property income covering a $746/mo payment rather than investor’s personal income.
Single Family
Built in 1909
10,650 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61734, Delavan, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,180 (100%) |
| Owner Occupied HU | 885 (75.0%) |
| Renter Occupied HU | 185 (15.7%) |
| Vacant Housing Units | 110 ( 9.3%) |
| Median Home Value | $172,329 |
| Average Home Value | $199,186 |
Housing Distribution
Address Breakdown
Residential
885
Single Family
869
Multi-Family
16
Businesses
56
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shelly Rigelwood • Jim Maloof Realty, Inc.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1259381
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.