272 NE 1350th AveGreenfieldIL62044
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingFor first-time U.S. investors or those diversifying conservatively, 272 NE 1350th Ave, Greenfield, IL, 62044 in Greenfield offers a clean, manageable entry. Rental yield 6.7%. DSCR 1.24 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $262,329 in additional property value over five years, with $8,745/yr in principal equity building ownership stake. Total projected cumulative return: $280,567.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.7% | 7.0% |
| Monthly Cash Flow | $(1,283) | $500 |
City averages based on Greenfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,303 |
| Total Monthly Debt Service | $6,208 |
| DSCR Ratio | 0.85x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2014
45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62044, Greenfield, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 815 (100%) |
| Owner Occupied HU | 556 (68.2%) |
| Renter Occupied HU | 173 (21.2%) |
| Vacant Housing Units | 86 (10.6%) |
| Median Home Value | $155,000 |
| Average Home Value | $228,817 |
Housing Distribution
Address Breakdown
Residential
792
Single Family
792
Multi-Family
0
Businesses
62
Nearby investment properties with comparable rents
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 2014
45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62044, Greenfield, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 815 (100%) |
| Owner Occupied HU | 556 (68.2%) |
| Renter Occupied HU | 173 (21.2%) |
| Vacant Housing Units | 86 (10.6%) |
| Median Home Value | $155,000 |
| Average Home Value | $228,817 |
Housing Distribution
Address Breakdown
Residential
792
Single Family
792
Multi-Family
0
Businesses
62
Nearby investment properties with comparable rents
Listed by: Ryan Bland • Tarrant and Harman Real Estate and Auction Co
Mls Name: MARIS
Mls ID: #24011748