23751 S Loomis StCreteIL60417
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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 Crete at 23751 S Loomis St, Crete, IL, 60417 listed at $225,000 pairs $1,616/mo rent with a $1,101/mo payment to leave $56/mo cash flow. Total monthly income runs $1,616/mo, and annual cash flow reaches $667/yr on $74,588 cash to close. Return on cash invested measures 20.8% in year one, and rental yield registers 8.62% at a $225,000 basis. Equity gained on principal adds $1,452/yr, and annual property appreciation at 5% supports $62,163 by year five. Five-year ROI tracks 108.64% and total cumulative return in cash totals $81,033. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,616/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1952
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60417, Crete, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,162 (100%) |
| Owner Occupied HU | 5,085 (82.5%) |
| Renter Occupied HU | 807 (13.1%) |
| Vacant Housing Units | 270 ( 4.4%) |
| Median Home Value | $288,203 |
| Average Home Value | $341,922 |
Housing Distribution
Address Breakdown
Residential
6,066
Single Family
5,902
Multi-Family
164
Businesses
428
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