208 Olive StEmdenIL62635
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
Investment Highlights
Rental property for sale in Emden at 208 Olive St, Emden, IL, 62635 priced at $249,000 pairs $1,774/mo rent with $47/mo cash flow after a $1,219/mo payment. Total monthly income equals $1,774/mo, and annual cash flow comes to $559/yr on $82,544 invested. Return on cash invested is 20.59% in year one, and rental yield stands at 8.55% on a $249,000 basis. Equity gained on principal adds $1,607/yr, and 5% annual appreciation accumulates to $68,794 by year five. Five-year ROI measures 107.47% and total cumulative return in cash reaches $88,712. For financing, Ziffy Mortgage’s DSCR program evaluates $1,774/mo property income against a $1,219/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1912
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62635, Emden, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 332 (100%) |
| Owner Occupied HU | 217 (65.4%) |
| Renter Occupied HU | 70 (21.1%) |
| Vacant Housing Units | 45 (13.6%) |
| Median Home Value | $149,342 |
| Average Home Value | $186,751 |
Housing Distribution
Address Breakdown
Residential
160
Single Family
160
Multi-Family
0
Businesses
21
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Listed by: Seth A Goodman • ME Realty
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1035307
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.