258 S Center StBraidwoodIL60408
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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 Braidwood at 258 S Center St, Braidwood, IL, 60408 priced at $225,000 converts $1,679/mo rent into $119/mo cash flow after a $1,101/mo obligation. Total monthly income equals $1,679/mo, and annual cash flow totals $1,423/yr on $74,588 invested. Return on cash invested prints 21.82% in year one, and rental yield reads 8.95% against a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation compiles into $62,163 by year five. Five-year ROI reaches 114.1% and total cumulative return in cash sums $85,101. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,679/mo property income covering a $1,101/mo payment, not borrower’s personal income.
Single Family
Built in 1945
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60408, Braidwood, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,265 (100%) |
| Owner Occupied HU | 1,714 (75.7%) |
| Renter Occupied HU | 423 (18.7%) |
| Vacant Housing Units | 128 ( 5.7%) |
| Median Home Value | $253,766 |
| Average Home Value | $325,824 |
Housing Distribution
Address Breakdown
Residential
2,252
Single Family
2,252
Multi-Family
0
Businesses
116
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