1501 Us Highway 150CongervilleIL61729
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Congerville at 1501 Us Highway 150, Congerville, IL, 61729 listed at $340,000 pairs $2,219/mo rent with a $1,664/mo payment. Total monthly income runs $2,219/mo. Return on cash invested measures 18.43% in year one, and rental yield registers 7.83% at a $340,000 basis. Equity gained on principal adds $2,194/yr, and annual property appreciation at 5% supports $93,936 by year five. Five-year ROI tracks 95.87% and total cumulative return in cash totals $108,054. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,219/mo property income relative to a $1,664/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61729, Congerville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 403 (100%) |
| Owner Occupied HU | 333 (82.6%) |
| Renter Occupied HU | 43 (10.7%) |
| Vacant Housing Units | 27 ( 6.7%) |
| Median Home Value | $284,804 |
| Average Home Value | $308,116 |
Housing Distribution
Address Breakdown
Residential
365
Single Family
365
Multi-Family
0
Businesses
26
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Blake Heffernan • BHHS Central Illinois, REALTORS
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12521595