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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Watseka at 911 E Locust St, Watseka, IL, 60970 offers a 4.32% rental yield on a $199,900 purchase with $720/mo rent. 85% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 39.12% and total cumulative return in cash at $25,921. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $720/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 60970, Watseka, IL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,333 (100%) |
| Owner Occupied HU | 1,968 (59.0%) |
| Renter Occupied HU | 860 (25.8%) |
| Vacant Housing Units | 505 (15.2%) |
| Median Home Value | $153,372 |
| Average Home Value | $210,017 |
Residential
2,924
Single Family
2,747
Multi-Family
177
Businesses
321
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Tim Smith • Smith's Real Estate Services,
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12452483
