224 Main StBurlingtonIL60109
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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 Burlington at 224 Main St, Burlington, IL, 60109 priced at $444,444 pairs $0/mo rent with after a $2,175/mo payment. Total monthly income equals $0/mo. Return on cash invested is -5.2% in year one, and rental yield stands at 0% on a $444,444 basis. Equity gained on principal adds $2,868/yr, and 5% annual appreciation accumulates to $122,792 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $2,175/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1906
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60109, Burlington, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 194 (100%) |
| Owner Occupied HU | 151 (77.8%) |
| Renter Occupied HU | 35 (18.0%) |
| Vacant Housing Units | 8 ( 4.1%) |
| Median Home Value | $409,615 |
| Average Home Value | $436,507 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
68
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No similar rental properties found nearby.
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Listed by: Robert Wisdom • RE/MAX Horizon
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12447653