206 N Lennox StBracevilleIL60407
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 206 N Lennox St, Braceville, IL, 60407 in Braceville at $307,999, 4.09% gross yield, is a market-growth asset. Rental yield 4.09%. The $1,050/mo rent partially funds the $1,385/mo debt service; the core return is the 5%/yr price growth projected to add $85,094 over five years. Ziffy Mortgage's DSCR mortgage (0.76) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $47,931.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.1% | 6.0% |
| Monthly Cash Flow | $(1,086) | $300 |
City averages based on Braceville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,050 |
| Total Monthly Debt Service | $2,014 |
| DSCR Ratio | 0.52x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1910
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60407, Braceville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 655 (100%) |
| Owner Occupied HU | 498 (76.0%) |
| Renter Occupied HU | 104 (15.9%) |
| Vacant Housing Units | 53 ( 8.1%) |
| Median Home Value | $223,214 |
| Average Home Value | $335,552 |
Housing Distribution
Address Breakdown
Residential
569
Single Family
569
Multi-Family
0
Businesses
26
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
Single Family
Built in 1910
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60407, Braceville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 655 (100%) |
| Owner Occupied HU | 498 (76.0%) |
| Renter Occupied HU | 104 (15.9%) |
| Vacant Housing Units | 53 ( 8.1%) |
| Median Home Value | $223,214 |
| Average Home Value | $335,552 |
Housing Distribution
Address Breakdown
Residential
569
Single Family
569
Multi-Family
0
Businesses
26
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Aaron Gaines • Keller Williams Preferred Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12510614