1271 E 500 North RdCissna ParkIL60924
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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 Cissna Park at 1271 E 500 North Rd, Cissna Park, IL, 60924 listed at $295,000 pairs $0/mo rent with a $1,444/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -5.2% in year one, and rental yield registers 0% at a $295,000 basis. Equity gained on principal adds $1,904/yr, and annual property appreciation at 5% supports $81,503 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $1,444/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1959
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60924, Cissna Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 850 (100%) |
| Owner Occupied HU | 593 (69.8%) |
| Renter Occupied HU | 150 (17.6%) |
| Vacant Housing Units | 107 (12.6%) |
| Median Home Value | $160,791 |
| Average Home Value | $172,411 |
Housing Distribution
Address Breakdown
Residential
504
Single Family
472
Multi-Family
32
Businesses
80
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No similar rental properties found nearby.
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Listed by: Nate Evans • eXp Realty-Mahomet
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12518303