(Undisclosed Address)WatermanIL60556
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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 Waterman at (Undisclosed Address), Waterman, IL, 60556 with 5% annual appreciation on a $310,000 basis while $5,650/mo rent supports operations. Total monthly income totals $5,650/mo and a $1,517/mo payment preserves $3,475/mo for cash returns. Annual cash flow comes to $41,701/yr on $102,765 deployed, and return on cash invested reaches 60.49% in year one. Equity gained on principal adds $2,000/yr, and five-year appreciation sums $85,647 alongside rental yield of 21.87%. Five-year ROI measures 321.57% and total cumulative return in cash totals $330,463.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,650/mo property income versus a $1,517/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2007
9,800 sqft lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60556, Waterman, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 858 (100%) |
| Owner Occupied HU | 625 (72.8%) |
| Renter Occupied HU | 164 (19.1%) |
| Vacant Housing Units | 69 ( 8.0%) |
| Median Home Value | $262,649 |
| Average Home Value | $295,472 |
Housing Distribution
Address Breakdown
Residential
673
Single Family
648
Multi-Family
25
Businesses
55
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
Listed by: Betty Ebert-Rylko • Baird & Warner Fox Valley - Geneva
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12065733
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