24034 N 2900 East RdEmingtonIL60934
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 24034 N 2900 East Rd, Emington, IL, 60934 in Emington is capital appreciation. Rental yield 0%. The 0% gross yield at $230,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $63,545 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.00) without U.S. credit history; structure with a larger down payment to optimise coverage.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 7.0% |
| Monthly Cash Flow | $0 | $1,200 |
City averages based on Emington market data in our database. Property projections are estimates.
Single Family
Built in 1942
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60934, Emington, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 128 (100%) |
| Owner Occupied HU | 87 (68.0%) |
| Renter Occupied HU | 20 (15.6%) |
| Vacant Housing Units | 21 (16.4%) |
| Median Home Value | $191,071 |
| Average Home Value | $278,563 |
Housing Distribution
Address Breakdown
Residential
73
Single Family
73
Multi-Family
0
Businesses
5
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 1942
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60934, Emington, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 128 (100%) |
| Owner Occupied HU | 87 (68.0%) |
| Renter Occupied HU | 20 (15.6%) |
| Vacant Housing Units | 21 (16.4%) |
| Median Home Value | $191,071 |
| Average Home Value | $278,563 |
Housing Distribution
Address Breakdown
Residential
73
Single Family
73
Multi-Family
0
Businesses
5
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices