1300 20th Ave EMilanIL61264
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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 Milan at 1300 20th Ave E, Milan, IL, 61264 earns $494/mo cash flow from $2,706/mo rent with a $1,561/mo payment. Total monthly income totals $2,706/mo, and annual cash flow totals $5,924/yr on $105,749 capital. ROI tracks 25.51% on current figures, and rental yield reads 10.18% at a $319,000 purchase. Equity gained on principal adds $2,058/yr, and 5% annual appreciation supports $88,134 over five years. Five-year ROI reaches 133.87% and total cumulative return in cash sums $141,565. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,706/mo property income instead of your personal income.
Multi Family
Built in 1980
0.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61264, Milan, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,802 (100%) |
| Owner Occupied HU | 3,339 (69.5%) |
| Renter Occupied HU | 1,048 (21.8%) |
| Vacant Housing Units | 415 ( 8.6%) |
| Median Home Value | $183,859 |
| Average Home Value | $200,162 |
Housing Distribution
Address Breakdown
Residential
4,785
Single Family
4,379
Multi-Family
406
Businesses
446
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