1322 Benton StCreteIL60417
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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 Crete at 1322 Benton St, Crete, IL, 60417 uses $91,129 cash to close to unlock $21/yr annual cash flow and $2/mo monthly cash flow. Total monthly income runs $1,908/mo, and a $1,346/mo payment keeps the spread at $2/mo. Purchase price stands at $274,900, and rental yield measures 8.33% with $1,908/mo rent. Return on cash invested shows 19.93% in year one, and 5% annual appreciation builds toward $75,950 over five years. Five-year ROI reaches 103.94% and total cumulative return in cash records $94,719. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,908/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 1904
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60417, Crete, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,162 (100%) |
| Owner Occupied HU | 5,085 (82.5%) |
| Renter Occupied HU | 807 (13.1%) |
| Vacant Housing Units | 270 ( 4.4%) |
| Median Home Value | $288,203 |
| Average Home Value | $341,922 |
Housing Distribution
Address Breakdown
Residential
6,066
Single Family
5,902
Multi-Family
164
Businesses
428
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