2412 State StChesterIL62233
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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 Chester at 2412 State St, Chester, IL, 62233 listed at $189,900 pairs $1,538/mo rent with a $929/mo payment to leave $221/mo cash flow. Total monthly income runs $1,538/mo, and annual cash flow reaches $2,655/yr on $62,952 cash to close. Return on cash invested measures 24.13% in year one, and rental yield registers 9.72% at a $189,900 basis. Equity gained on principal adds $1,225/yr, and annual property appreciation at 5% supports $52,466 by year five. Five-year ROI tracks 126.5% and total cumulative return in cash totals $79,637. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,538/mo property income relative to a $929/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1938
3.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62233, Chester, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,782 (100%) |
| Owner Occupied HU | 1,839 (66.1%) |
| Renter Occupied HU | 584 (21.0%) |
| Vacant Housing Units | 359 (12.9%) |
| Median Home Value | $144,761 |
| Average Home Value | $183,619 |
Housing Distribution
Address Breakdown
Residential
2,523
Single Family
2,421
Multi-Family
102
Businesses
201
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