1175 S Farmstone DrCoal CityIL60416
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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 Coal City at 1175 S Farmstone Dr, Coal City, IL, 60416 offers a 9.05% rental yield on a $369,000 purchase with $2,782/mo rent. Total monthly income registers $2,782/mo, and a $1,806/mo payment leaves $223/mo available for distribution. Annual cash flow reaches $2,671/yr on $122,324 to close, and return on cash invested stands at 22.09% in year one. Equity gained on principal adds $2,381/yr while 5% annual appreciation supports $101,948 over five years. Portfolio math shows five-year ROI at 115.53% and total cumulative return in cash at $141,315. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,782/mo property income against a $1,806/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 2024
9,315 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60416, Coal City, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,917 (100%) |
| Owner Occupied HU | 2,807 (71.7%) |
| Renter Occupied HU | 922 (23.5%) |
| Vacant Housing Units | 188 ( 4.8%) |
| Median Home Value | $263,882 |
| Average Home Value | $297,838 |
Housing Distribution
Address Breakdown
Residential
3,910
Single Family
3,858
Multi-Family
52
Businesses
256
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