109 E Lee StTremontIL61568
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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 Tremont at 109 E Lee St, Tremont, IL, 61568 uses $140,854 cash to close to unlock $4,578/yr annual cash flow and $382/mo monthly cash flow. Total monthly income runs $3,329/mo, and a $2,080/mo payment keeps the spread at $382/mo. Purchase price stands at $424,900, and rental yield measures 9.4% with $3,329/mo rent. Return on cash invested shows 23.16% in year one, and 5% annual appreciation builds toward $117,392 over five years. Five-year ROI reaches 121.26% and total cumulative return in cash records $170,805. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,329/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Single Family
Built in 2020
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61568, Tremont, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,820 (100%) |
| Owner Occupied HU | 1,401 (77.0%) |
| Renter Occupied HU | 324 (17.8%) |
| Vacant Housing Units | 95 ( 5.2%) |
| Median Home Value | $270,647 |
| Average Home Value | $296,881 |
Housing Distribution
Address Breakdown
Residential
1,513
Single Family
1,491
Multi-Family
22
Businesses
129
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