206 S Cherry StCrescent CityIL60928
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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
Rental property for sale in Crescent City at 206 S Cherry St, Crescent City, IL, 60928 priced at $149,900 converts $983/mo rent into after a $734/mo obligation. Total monthly income equals $983/mo. Return on cash invested prints 18.53% in year one, and rental yield reads 7.87% against a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation compiles into $41,415 by year five. Five-year ROI reaches 96.42% and total cumulative return in cash sums $47,915. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $983/mo property income covering a $734/mo payment, not borrower’s personal income.
Single Family
Built in 2001
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60928, Crescent City, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 319 (100%) |
| Owner Occupied HU | 232 (72.7%) |
| Renter Occupied HU | 55 (17.2%) |
| Vacant Housing Units | 32 (10.0%) |
| Median Home Value | $172,000 |
| Average Home Value | $202,155 |
Housing Distribution
Address Breakdown
Residential
99
Single Family
99
Multi-Family
0
Businesses
40
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Listed by: Timothy Williamson • The Williamson Agency
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12516731