254 E Plank RdBurlingtonIL60109
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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 Burlington at 254 E Plank Rd, Burlington, IL, 60109 offers a 0% rental yield on a $239,900 purchase with $0/mo rent. 2% in year one. Equity gained on principal adds $1,548/yr while 5% annual appreciation supports $66,280 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,174/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60109, Burlington, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 194 (100%) |
| Owner Occupied HU | 151 (77.8%) |
| Renter Occupied HU | 35 (18.0%) |
| Vacant Housing Units | 8 ( 4.1%) |
| Median Home Value | $409,615 |
| Average Home Value | $436,507 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
68
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Listed by: Tanya Sheppard • RE/MAX Plaza
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12547730