10233 N 17th AveButlerIL62015
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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
Rental property for sale in Butler at 10233 N 17th Ave, Butler, IL, 62015 generates $1,964/mo in rent, after a $1,591/mo payment. Total monthly income is $1,964/mo. Return on cash invested sits at 16.67% in year one, and rental yield is 7.25% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 86.5% and total cumulative return in cash sums $93,193. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,964/mo property income rather than buyer’s personal income.
Single Family
Built in 1897
4.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62015, Butler, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 242 (100%) |
| Owner Occupied HU | 195 (80.6%) |
| Renter Occupied HU | 20 ( 8.3%) |
| Vacant Housing Units | 27 (11.2%) |
| Median Home Value | $218,103 |
| Average Home Value | $330,487 |
Housing Distribution
Address Breakdown
Residential
187
Single Family
187
Multi-Family
0
Businesses
8
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