1668 Chartres St, La Salle, IL, 61301 | 6.46% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in La Salle at 1668 Chartres St, La Salle, IL, 61301 generates $1,020/mo in rent, after a $928/mo payment. Total monthly income is $1,020/mo. Return on cash invested sits at 14.28% in year one, and rental yield is 6.46% on a $189,500 entry. Equity gained on principal adds $1,223/yr, while 5% annual appreciation builds toward $52,355 over five years. Five-year ROI reaches 73.7% and total cumulative return in cash sums $46,295. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,020/mo property income rather than buyer’s personal income.

Single Family

Built in 1948

8,712 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