1609 Chancelor PlChathamIL62629
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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 Chatham at 1609 Chancelor Pl, Chatham, IL, 62629 earns $102/mo cash flow from $2,731/mo rent with a $1,855/mo payment. Total monthly income totals $2,731/mo, and annual cash flow totals $1,226/yr on $125,639 capital. ROI tracks 20.89% on current figures, and rental yield reads 8.65% at a $379,000 purchase. Equity gained on principal adds $2,446/yr, and 5% annual appreciation supports $104,711 over five years. Five-year ROI reaches 109.09% and total cumulative return in cash sums $137,063. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,731/mo property income instead of your personal income.
Single Family
Built in 2010
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62629, Chatham, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,305 (100%) |
| Owner Occupied HU | 4,641 (73.6%) |
| Renter Occupied HU | 1,202 (19.1%) |
| Vacant Housing Units | 462 ( 7.3%) |
| Median Home Value | $260,971 |
| Average Home Value | $279,718 |
Housing Distribution
Address Breakdown
Residential
6,294
Single Family
6,080
Multi-Family
214
Businesses
271
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Listed by: Curtis Nelson • Keller Williams Capital
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1037210
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.