0S348 East StWinfieldIL60190
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
Rental property for sale in Winfield at 0S348 East St, Winfield, IL, 60190 offers $1,842/mo rent that, after a $1,273/mo payment, leaves $38/mo cash flow. Total monthly income is $1,842/mo, and annual cash flow is $458/yr on $86,190 cash. Return on cash invested measures 20.44% in year one, and rental yield stands at 8.5% at a $260,000 entry. Equity gained on principal adds $1,678/yr while 5% annual appreciation compounds into $71,833 by year five. Five-year ROI records 106.71% and total cumulative return in cash reaches $91,973. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,842/mo property income versus a $1,273/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1938
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60190, Winfield, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,529 (100%) |
| Owner Occupied HU | 3,966 (87.6%) |
| Renter Occupied HU | 421 ( 9.3%) |
| Vacant Housing Units | 142 ( 3.1%) |
| Median Home Value | $380,318 |
| Average Home Value | $440,879 |
Housing Distribution
Address Breakdown
Residential
4,602
Single Family
4,173
Multi-Family
429
Businesses
242
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