107 N Edison StFreeburgIL62243
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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 Freeburg at 107 N Edison St, Freeburg, IL, 62243 priced at $219,900 converts $1,978/mo rent into $453/mo cash flow after a $1,076/mo obligation. Total monthly income equals $1,978/mo, and annual cash flow totals $5,436/yr on $72,897 invested. Return on cash invested prints 27.37% in year one, and rental yield reads 10.79% against a $219,900 entry. Equity gained on principal adds $1,419/yr, while 5% annual appreciation compiles into $60,754 by year five. Five-year ROI reaches 143.88% and total cumulative return in cash sums $104,884. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,978/mo property income covering a $1,076/mo payment, not borrower’s personal income.
Single Family
Built in 1986
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62243, Freeburg, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,453 (100%) |
| Owner Occupied HU | 1,948 (79.4%) |
| Renter Occupied HU | 340 (13.9%) |
| Vacant Housing Units | 165 ( 6.7%) |
| Median Home Value | $316,312 |
| Average Home Value | $332,109 |
Housing Distribution
Address Breakdown
Residential
2,430
Single Family
2,430
Multi-Family
0
Businesses
201
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