1423 Illinois StLa SalleIL61301
Nearby investment properties with comparable rents
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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 La Salle at 1423 Illinois St, La Salle, IL, 61301 earns $104/mo cash flow from $1,318/mo rent with a $857/mo payment. Total monthly income totals $1,318/mo, and annual cash flow totals $1,244/yr on $58,013 capital. ROI tracks 22.05% on current figures, and rental yield reads 9.04% 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 115.33% and total cumulative return in cash sums $66,907. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,318/mo property income instead of your personal income.
Single Family
Built in 1928
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61301, La Salle, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,881 (100%) |
| Owner Occupied HU | 2,845 (58.3%) |
| Renter Occupied HU | 1,595 (32.7%) |
| Vacant Housing Units | 441 ( 9.0%) |
| Median Home Value | $153,067 |
| Average Home Value | $211,757 |
Housing Distribution
Address Breakdown
Residential
4,558
Single Family
4,307
Multi-Family
251
Businesses
464
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