23430 Briar DrElsahIL62028
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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 Elsah at 23430 Briar Dr, Elsah, IL, 62028 uses $74,554 cash to close to unlock $1,390/yr annual cash flow and $116/mo monthly cash flow. Total monthly income runs $1,676/mo, and a $1,101/mo payment keeps the spread at $116/mo. Purchase price stands at $224,900, and rental yield measures 8.94% with $1,676/mo rent. Return on cash invested shows 21.77% in year one, and 5% annual appreciation builds toward $62,136 over five years. Five-year ROI reaches 113.81% and total cumulative return in cash records $84,853. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,676/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1996
0.29 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Trevor A Parish • Tarrant And Harman Real Estate
Mls Name: MARIS
Mls Provider:
Mls ID: #25014929
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