179 N Levasseur AveBourbonnaisIL60914
Nearby investment properties with comparable rents
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
Investment Highlights
Investment property for sale in Bourbonnais at 179 N Levasseur Ave, Bourbonnais, IL, 60914 at $179,900 posts ROI 22.1% with $109/mo cash flow from $1,357/mo rent. Total monthly income equals $1,357/mo, and annual cash flow records $1,304/yr on $59,637 to close. Return on cash invested measures 22.1% and rental yield reads 9.05% at the current $179,900. Equity gained on principal adds $1,161/yr, and 5% annual appreciation supports $49,703 by year five. Five-year ROI prints 115.58% and total cumulative return in cash totals $68,925.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,357/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1954
5,936 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60914, Bourbonnais, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,142 (100%) |
| Owner Occupied HU | 7,435 (66.7%) |
| Renter Occupied HU | 2,976 (26.7%) |
| Vacant Housing Units | 731 ( 6.6%) |
| Median Home Value | $234,333 |
| Average Home Value | $255,617 |
Housing Distribution
Address Breakdown
Residential
11,025
Single Family
10,552
Multi-Family
473
Businesses
797
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Listed by: Norman Gaskin • Berkshire Hathaway HomeServices Speckman Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12542053