1308 Empire CtFreeportIL61032
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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 Freeport at 1308 Empire Ct, Freeport, IL, 61032 earns $89/mo cash flow from $1,303/mo rent with a $857/mo payment. Total monthly income totals $1,303/mo, and annual cash flow totals $1,064/yr on $58,013 capital. ROI tracks 21.74% on current figures, and rental yield reads 8.93% at a $175,000 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 over five years. Five-year ROI reaches 113.7% and total cumulative return in cash sums $65,959. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,303/mo property income instead of your personal income.
Single Family
Built in 1965
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61032, Freeport, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,514 (100%) |
| Owner Occupied HU | 8,485 (58.5%) |
| Renter Occupied HU | 4,354 (30.0%) |
| Vacant Housing Units | 1,675 (11.5%) |
| Median Home Value | $117,056 |
| Average Home Value | $149,942 |
Housing Distribution
Address Breakdown
Residential
13,208
Single Family
12,024
Multi-Family
1,184
Businesses
1,072
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