108 Andrea CtClevelandIL61241
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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 Cleveland at 108 Andrea Ct, Cleveland, IL, 61241 priced at $249,900 pairs $1,764/mo rent with $31/mo cash flow after a $1,223/mo payment. Total monthly income equals $1,764/mo, and annual cash flow comes to $369/yr on $82,842 invested. Return on cash invested is 20.35% in year one, and rental yield stands at 8.47% on a $249,900 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,043 by year five. Five-year ROI measures 106.22% and total cumulative return in cash reaches $87,998. For financing, Ziffy Mortgage’s DSCR program evaluates $1,764/mo property income against a $1,223/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1975
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61241, Colona, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,961 (100%) |
| Owner Occupied HU | 2,412 (81.5%) |
| Renter Occupied HU | 372 (12.6%) |
| Vacant Housing Units | 177 ( 6.0%) |
| Median Home Value | $170,370 |
| Average Home Value | $193,296 |
Housing Distribution
Address Breakdown
Residential
2,836
Single Family
2,836
Multi-Family
0
Businesses
118
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