224 Main StBurlingtonIL60109
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 224 Main St, Burlington, IL, 60109 in Burlington worth study. Rental yield 0%. The 0% gross yield is below cash-flow benchmarks at $444,444, but 5% annual appreciation, adding $122,792 over five years, frames this as a capital growth position. Rent of $0/mo partially offsets the $1,999/mo payment. Ziffy Mortgage finances appreciation-play properties (0.00 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 7.0% |
| Monthly Cash Flow | $0 | $300 |
City averages based on Burlington market data in our database. Property projections are estimates.
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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
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
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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Robert Wisdom • RE/MAX Horizon
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12447653