902 Stiening StWaterlooIL62298
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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 Waterloo at 902 Stiening St, Waterloo, IL, 62298 offers a 7.33% rental yield on a $215,000 purchase with $1,314/mo rent. 93% in year one. Equity gained on principal adds $1,387/yr while 5% annual appreciation supports $59,401 over five years. Portfolio math shows five-year ROI at 87.92% and total cumulative return in cash at $62,665. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,314/mo property income against a $1,052/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
5,627 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62298, Waterloo, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,538 (100%) |
| Owner Occupied HU | 5,947 (78.9%) |
| Renter Occupied HU | 1,251 (16.6%) |
| Vacant Housing Units | 340 ( 4.5%) |
| Median Home Value | $295,370 |
| Average Home Value | $322,634 |
Housing Distribution
Address Breakdown
Residential
7,397
Single Family
7,365
Multi-Family
32
Businesses
446
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