219 E 1st StCedar PointIL61316
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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 Cedar Point at 219 E 1st St, Cedar Point, IL, 61316 earns $474/mo cash flow from $1,514/mo rent with a $734/mo payment. Total monthly income totals $1,514/mo, and annual cash flow totals $5,685/yr on $49,725 capital. ROI tracks 31.34% on current figures, and rental yield reads 12.11% at a $150,000 purchase. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 over five years. Five-year ROI reaches 165.15% and total cumulative return in cash sums $82,122. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,514/mo property income instead of your personal income.
Single Family
Built in 1908
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61316, Cedar Point, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 127 (100%) |
| Owner Occupied HU | 94 (74.0%) |
| Renter Occupied HU | 28 (22.0%) |
| Vacant Housing Units | 5 ( 3.9%) |
| Median Home Value | $203,750 |
| Average Home Value | $201,729 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
7
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Listed by: Angela Heckman • Local Realty Group
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls ID: #202504987