2004 Grants Pond, Chatham, IL, 62629 | 6.56% Rental Yield

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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

Total monthly income runs $5,464/mo, and a $4,895/mo payment. Purchase price stands at $999,999, and rental yield measures 6.56% with $5,464/mo rent. Return on cash invested shows 14.69% in year one, and 5% annual appreciation builds toward $276,281 over five years. Five-year ROI reaches 75.82% and total cumulative return in cash records $249,459. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,464/mo property income covering a $4,895/mo payment rather than investor’s personal income.

Single Family

Built in 2024

N/A 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