819 Grandyle DrWashingtonIL61571
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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
Rental property for sale in Washington at 819 Grandyle Dr, Washington, IL, 61571 priced at $395,000 converts $2,725/mo rent into after a $1,933/mo obligation. Total monthly income equals $2,725/mo. Return on cash invested prints 19.78% in year one, and rental yield reads 8.28% against a $395,000 entry. Equity gained on principal adds $2,549/yr, while 5% annual appreciation compiles into $109,131 by year five. Five-year ROI reaches 103.11% and total cumulative return in cash sums $135,018. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,725/mo property income covering a $1,933/mo payment, not borrower’s personal income.
Single Family
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61571, Washington, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,342 (100%) |
| Owner Occupied HU | 7,655 (74.0%) |
| Renter Occupied HU | 2,036 (19.7%) |
| Vacant Housing Units | 651 ( 6.3%) |
| Median Home Value | $232,683 |
| Average Home Value | $263,343 |
Housing Distribution
Address Breakdown
Residential
10,233
Single Family
9,440
Multi-Family
793
Businesses
536
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Listed by: Angie Sutton • Keller Williams Premier Realty
Mls Name: RMLS Alliance
Mls ID: #PA1259370