153 N Perene AveByronIL61010
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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
Rental property for sale in Byron at 153 N Perene Ave, Byron, IL, 61010 generates $1,807/mo in rent and, after a $1,229/mo payment, leaves $66/mo in cash flow. Total monthly income is $1,807/mo, and annual cash flow is $786/yr on $83,207 invested. Return on cash invested sits at 20.85% in year one, and rental yield is 8.64% on a $251,000 entry. Equity gained on principal adds $1,620/yr, while 5% annual appreciation builds toward $69,347 over five years. Five-year ROI reaches 108.91% and total cumulative return in cash sums $90,624. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,807/mo property income rather than buyer’s personal income.
Single Family
Built in 1987
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61010, Byron, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,074 (100%) |
| Owner Occupied HU | 2,309 (75.1%) |
| Renter Occupied HU | 558 (18.2%) |
| Vacant Housing Units | 207 ( 6.7%) |
| Median Home Value | $235,309 |
| Average Home Value | $274,097 |
Housing Distribution
Address Breakdown
Residential
2,900
Single Family
2,900
Multi-Family
0
Businesses
173
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