1741 Iris St, Chester, IL, 62233 | 4.82% 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

Investment property for sale in Chester at 1741 Iris St, Chester, IL, 62233 offers a 4.82% rental yield on a $129,900 purchase with $522/mo rent. 34% in year one. Equity gained on principal adds $838/yr while 5% annual appreciation supports $35,889 over five years. Portfolio math shows five-year ROI at 47.17% and total cumulative return in cash at $20,311. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $522/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Manufactured

Built in 1986

0.29 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 62233, Chester, IL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,782 (100%)
Owner Occupied HU	1,839 (66.1%)
Renter Occupied HU	584 (21.0%)
Vacant Housing Units	359 (12.9%)
Median Home Value	$144,761
Average Home Value	$183,619