10788 N Thousand East RdChenoaIL61726
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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 Chenoa at 10788 N Thousand East Rd, Chenoa, IL, 61726 offers a 6.59% rental yield on a $398,700 purchase with $2,188/mo rent. 67% in year one. Equity gained on principal adds $2,573/yr while 5% annual appreciation supports $110,153 over five years. Portfolio math shows five-year ROI at 75.72% and total cumulative return in cash at $100,084. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,188/mo property income against a $1,951/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1929
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61726, Chenoa, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,159 (100%) |
| Owner Occupied HU | 835 (72.0%) |
| Renter Occupied HU | 212 (18.3%) |
| Vacant Housing Units | 112 ( 9.7%) |
| Median Home Value | $181,250 |
| Average Home Value | $247,940 |
Housing Distribution
Address Breakdown
Residential
1,048
Single Family
1,048
Multi-Family
0
Businesses
83
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