250 S Short DrCoal CityIL60416
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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
Rental property for sale in Coal City at 250 S Short Dr, Coal City, IL, 60416 priced at $359,000 converts $2,845/mo rent into $355/mo cash flow after a $1,757/mo obligation. Total monthly income equals $2,845/mo, and annual cash flow totals $4,260/yr on $119,009 invested. Return on cash invested prints 23.49% in year one, and rental yield reads 9.51% against a $359,000 entry. Equity gained on principal adds $2,317/yr, while 5% annual appreciation compiles into $99,185 by year five. Five-year ROI reaches 123.06% and total cumulative return in cash sums $146,455. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,845/mo property income covering a $1,757/mo payment, not borrower’s personal income.
Single Family
Built in 2023
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60416, Coal City, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,917 (100%) |
| Owner Occupied HU | 2,807 (71.7%) |
| Renter Occupied HU | 922 (23.5%) |
| Vacant Housing Units | 188 ( 4.8%) |
| Median Home Value | $263,882 |
| Average Home Value | $297,838 |
Housing Distribution
Address Breakdown
Residential
3,910
Single Family
3,858
Multi-Family
52
Businesses
256
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