912 Devonshire RdWashingtonIL61571
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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 Washington at 912 Devonshire Rd, Washington, IL, 61571 with 5% annual appreciation on a $345,000 basis while $2,502/mo rent supports operations. Total monthly income totals $2,502/mo and a $1,689/mo payment preserves $87/mo for cash returns. Annual cash flow comes to $1,048/yr on $114,368 deployed, and return on cash invested reaches 20.83% in year one. Equity gained on principal adds $2,226/yr, and five-year appreciation sums $95,317 alongside rental yield of 8.7%. Five-year ROI measures 108.84% and total cumulative return in cash totals $124,480.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,502/mo property income versus a $1,689/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2014
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: Tracy Morris • EXP Realty, LLC
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1256274
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.