135 E North AveClaremontIL62421
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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 Claremont at 135 E North Ave, Claremont, IL, 62421 listed at $111,900 pairs $1,421/mo rent with a $548/mo payment to leave $645/mo cash flow. Total monthly income runs $1,421/mo, and annual cash flow reaches $7,734/yr on $37,095 cash to close. Return on cash invested measures 40.76% in year one, and rental yield registers 15.24% at a $111,900 basis. Equity gained on principal adds $722/yr, and annual property appreciation at 5% supports $30,916 by year five. Five-year ROI tracks 215.7% and total cumulative return in cash totals $80,012. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,421/mo property income relative to a $548/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1963
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62421, Claremont, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 275 (100%) |
| Owner Occupied HU | 218 (79.3%) |
| Renter Occupied HU | 22 ( 8.0%) |
| Vacant Housing Units | 35 (12.7%) |
| Median Home Value | $214,103 |
| Average Home Value | $208,211 |
Housing Distribution
Address Breakdown
Residential
294
Single Family
294
Multi-Family
0
Businesses
12
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