211 N Taylor StCherryIL61317
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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 Cherry at 211 N Taylor St, Cherry, IL, 61317 priced at $220,000 converts $1,733/mo rent into $207/mo cash flow after a $1,077/mo obligation. Total monthly income equals $1,733/mo, and annual cash flow totals $2,482/yr on $72,930 invested. Return on cash invested prints 23.31% in year one, and rental yield reads 9.45% against a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation compiles into $60,782 by year five. Five-year ROI reaches 122.07% and total cumulative return in cash sums $89,027. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,733/mo property income covering a $1,077/mo payment, not borrower’s personal income.
Single Family
Built in 1947
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61317, Cherry, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 200 (100%) |
| Owner Occupied HU | 143 (71.5%) |
| Renter Occupied HU | 19 ( 9.5%) |
| Vacant Housing Units | 38 (19.0%) |
| Median Home Value | $111,607 |
| Average Home Value | $146,836 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
18
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