111 E 3rd AveDeer CreekIL61733
Nearby investment properties with comparable rents
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
Investment property for sale in Deer Creek at 111 E 3rd Ave, Deer Creek, IL, 61733 uses $49,725 cash to close to unlock $1,593/yr annual cash flow and $133/mo monthly cash flow. Total monthly income runs $1,173/mo, and a $734/mo payment keeps the spread at $133/mo. Purchase price stands at $150,000, and rental yield measures 9.38% with $1,173/mo rent. Return on cash invested shows 23.11% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 121.04% and total cumulative return in cash records $60,186. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,173/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1901
10,650 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61733, Deer Creek, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 531 (100%) |
| Owner Occupied HU | 414 (78.0%) |
| Renter Occupied HU | 75 (14.1%) |
| Vacant Housing Units | 42 ( 7.9%) |
| Median Home Value | $278,571 |
| Average Home Value | $301,655 |
Housing Distribution
Address Breakdown
Residential
306
Single Family
306
Multi-Family
0
Businesses
33
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Judy Minner • RE/MAX Traders Unlimited
Mls Name: RMLS Alliance
Mls ID: #PA1259518