141 Terrace DrDekalbIL60115
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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 Dekalb at 141 Terrace Dr, Dekalb, IL, 60115 offers a 10.91% rental yield on a $249,000 purchase with $2,264/mo rent. Total monthly income registers $2,264/mo, and a $1,219/mo payment leaves $537/mo available for distribution. Annual cash flow reaches $6,439/yr on $82,544 to close, and return on cash invested stands at 27.71% in year one. Equity gained on principal adds $1,607/yr while 5% annual appreciation supports $68,794 over five years. Portfolio math shows five-year ROI at 145.66% and total cumulative return in cash at $120,236. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,264/mo property income against a $1,219/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
9,496 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60115, Dekalb, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,304 (100%) |
| Owner Occupied HU | 7,574 (41.4%) |
| Renter Occupied HU | 8,918 (48.7%) |
| Vacant Housing Units | 1,812 ( 9.9%) |
| Median Home Value | $225,217 |
| Average Home Value | $244,557 |
Housing Distribution
Address Breakdown
Residential
17,163
Single Family
11,647
Multi-Family
5,516
Businesses
1,118
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