15598 3440 East StSpring ValleyIL61362
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 15598 3440 East St, Spring Valley, IL, 61362 in Spring Valley the bet is firmly on appreciation. Rental yield 0%. The 0% gross yield on a $284,000 price is below income-first thresholds, but 5%/yr value growth projects $78,464 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.00) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.2% |
| Monthly Cash Flow | $0 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
Single Family
Built in 1890
2.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61362, Spring Valley, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,640 (100%) |
| Owner Occupied HU | 1,656 (62.7%) |
| Renter Occupied HU | 756 (28.6%) |
| Vacant Housing Units | 228 ( 8.6%) |
| Median Home Value | $150,794 |
| Average Home Value | $162,109 |
Housing Distribution
Address Breakdown
Residential
2,534
Single Family
2,366
Multi-Family
168
Businesses
171
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Single Family
Built in 1890
2.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61362, Spring Valley, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,640 (100%) |
| Owner Occupied HU | 1,656 (62.7%) |
| Renter Occupied HU | 756 (28.6%) |
| Vacant Housing Units | 228 ( 8.6%) |
| Median Home Value | $150,794 |
| Average Home Value | $162,109 |
Housing Distribution
Address Breakdown
Residential
2,534
Single Family
2,366
Multi-Family
168
Businesses
171
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Tammy Barry • Homesmart Realty Group IL
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12345250
Disclaimer: Based on information submitted to the MLS GRID as of 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#17)