1820 Sierra CtFreeportIL61032
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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 Freeport at 1820 Sierra Ct, Freeport, IL, 61032 uses $53,007 cash to close to unlock $1,806/yr annual cash flow and $151/mo monthly cash flow. Total monthly income runs $1,260/mo, and a $783/mo payment keeps the spread at $151/mo. Purchase price stands at $159,900, and rental yield measures 9.46% with $1,260/mo rent. Return on cash invested shows 23.32% in year one, and 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 122.15% and total cumulative return in cash records $64,746. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,260/mo property income covering a $783/mo payment rather than investor’s personal income.
Condo
Built in 1990
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61032, Freeport, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,514 (100%) |
| Owner Occupied HU | 8,485 (58.5%) |
| Renter Occupied HU | 4,354 (30.0%) |
| Vacant Housing Units | 1,675 (11.5%) |
| Median Home Value | $117,056 |
| Average Home Value | $149,942 |
Housing Distribution
Address Breakdown
Residential
13,208
Single Family
12,024
Multi-Family
1,184
Businesses
1,072
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