1021 W Cermak RdBraidwoodIL60408
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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 Braidwood at 1021 W Cermak Rd, Braidwood, IL, 60408 offers a 5.76% rental yield on a $349,900 purchase with $1,679/mo rent. 17% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,671 over five years. Portfolio math shows five-year ROI at 62.33% and total cumulative return in cash at $72,294. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,679/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60408, Braidwood, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,265 (100%) |
| Owner Occupied HU | 1,714 (75.7%) |
| Renter Occupied HU | 423 (18.7%) |
| Vacant Housing Units | 128 ( 5.7%) |
| Median Home Value | $253,766 |
| Average Home Value | $325,824 |
Housing Distribution
Address Breakdown
Residential
2,252
Single Family
2,252
Multi-Family
0
Businesses
116
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