209 E Jaeger StRaymondIL62560
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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 Raymond at 209 E Jaeger St, Raymond, IL, 62560 offers $1,954/mo rent that, after a $1,957/mo payment. Total monthly income is $1,954/mo. Return on cash invested measures 12.49% in year one, and rental yield stands at 5.86% at a $399,900 entry. Equity gained on principal adds $2,580/yr while 5% annual appreciation compounds into $110,485 by year five. Five-year ROI records 64.04% and total cumulative return in cash reaches $84,896. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,954/mo property income versus a $1,957/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62560, Raymond, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 627 (100%) |
| Owner Occupied HU | 459 (73.2%) |
| Renter Occupied HU | 117 (18.7%) |
| Vacant Housing Units | 51 ( 8.1%) |
| Median Home Value | $135,500 |
| Average Home Value | $165,054 |
Housing Distribution
Address Breakdown
Residential
405
Single Family
394
Multi-Family
11
Businesses
57
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