207 N Edison StFreeburgIL62243
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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 Freeburg at 207 N Edison St, Freeburg, IL, 62243 uses $53,007 cash to close to unlock $4,134/yr annual cash flow and $345/mo monthly cash flow. Total monthly income runs $1,454/mo, and a $783/mo payment keeps the spread at $345/mo. Purchase price stands at $159,900, and rental yield measures 10.91% with $1,454/mo rent. Return on cash invested shows 27.71% in year one, and 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 145.69% and total cumulative return in cash records $77,226. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,454/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1923
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62243, Freeburg, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,453 (100%) |
| Owner Occupied HU | 1,948 (79.4%) |
| Renter Occupied HU | 340 (13.9%) |
| Vacant Housing Units | 165 ( 6.7%) |
| Median Home Value | $316,312 |
| Average Home Value | $332,109 |
Housing Distribution
Address Breakdown
Residential
2,430
Single Family
2,430
Multi-Family
0
Businesses
201
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