923 W 3rd StAvistonIL62216
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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 Aviston at 923 W 3rd St, Aviston, IL, 62216 offers a 8.59% rental yield on a $395,000 purchase with $2,826/mo rent. Total monthly income registers $2,826/mo, and a $1,933/mo payment leaves $87/mo available for distribution. Annual cash flow reaches $1,038/yr on $130,943 to close, and return on cash invested stands at 20.7% in year one. Equity gained on principal adds $2,549/yr while 5% annual appreciation supports $109,131 over five years. Portfolio math shows five-year ROI at 108.08% and total cumulative return in cash at $141,522. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,826/mo property income against a $1,933/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2010
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62216, Aviston, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,180 (100%) |
| Owner Occupied HU | 947 (80.3%) |
| Renter Occupied HU | 194 (16.4%) |
| Vacant Housing Units | 39 ( 3.3%) |
| Median Home Value | $221,241 |
| Average Home Value | $256,763 |
Housing Distribution
Address Breakdown
Residential
960
Single Family
960
Multi-Family
0
Businesses
46
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Listed by: Ann T Schroeder • Trico Development & Realty
Mls Name: MARIS
Mls Provider:
Mls ID: #25024967
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