118 N 4th StGenevaIL60134
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
Rental property for sale in Geneva at 118 N 4th St, Geneva, IL, 60134 priced at $420,000 converts $4,200/mo rent into $1,287/mo cash flow after a $2,056/mo obligation. Total monthly income equals $4,200/mo, and annual cash flow totals $15,438/yr on $139,230 invested. Return on cash invested prints 31% in year one, and rental yield reads 12% against a $420,000 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation compiles into $116,038 by year five. Five-year ROI reaches 163.3% and total cumulative return in cash sums $227,359. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,200/mo property income covering a $2,056/mo payment, not borrower’s personal income.
Multi Family
Built in 1918
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60134, Geneva, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,620 (100%) |
| Owner Occupied HU | 9,447 (81.3%) |
| Renter Occupied HU | 1,677 (14.4%) |
| Vacant Housing Units | 496 ( 4.3%) |
| Median Home Value | $461,452 |
| Average Home Value | $503,157 |
Housing Distribution
Address Breakdown
Residential
11,355
Single Family
10,155
Multi-Family
1,200
Businesses
1,410
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Listed by: Christopher Clark • Grandview Realty, LLC
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12186256
Disclaimer: Based on information submitted to the MLS GRID as of 2024-02-07 09:06:36 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_17)