217 Perry StRossvilleIL60963
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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 Rossville at 217 Perry St, Rossville, IL, 60963 offers $1,679/mo rent that, after a $1,199/mo payment. Total monthly income is $1,679/mo. Return on cash invested measures 19.61% in year one, and rental yield stands at 8.22% at a $245,000 entry. Equity gained on principal adds $1,581/yr while 5% annual appreciation compounds into $67,689 by year five. Five-year ROI records 102.24% and total cumulative return in cash reaches $83,040. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,679/mo property income versus a $1,199/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1924
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60963, Rossville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 796 (100%) |
| Owner Occupied HU | 534 (67.1%) |
| Renter Occupied HU | 157 (19.7%) |
| Vacant Housing Units | 105 (13.2%) |
| Median Home Value | $110,054 |
| Average Home Value | $134,789 |
Housing Distribution
Address Breakdown
Residential
697
Single Family
672
Multi-Family
25
Businesses
54
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