0 160th AveNeboIL62355
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Nebo at 0 160th Ave, Nebo, IL, 62355 offers a 2.24% rental yield on a $1,191,000 purchase with $2,222/mo rent. 59% in year one. Equity gained on principal adds $7,685/yr while 5% annual appreciation supports $329,051 over five years. Portfolio math shows five-year ROI at 5.52% and total cumulative return in cash at $21,318. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,222/mo property income against a $5,829/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2015
127 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62355, Nebo, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 425 (100%) |
| Owner Occupied HU | 276 (64.9%) |
| Renter Occupied HU | 29 ( 6.8%) |
| Vacant Housing Units | 120 (28.2%) |
| Median Home Value | $110,227 |
| Average Home Value | $198,098 |
Housing Distribution
Address Breakdown
Residential
238
Single Family
238
Multi-Family
0
Businesses
22
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