27375 State Route 40ChadwickIL61014
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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 Chadwick at 27375 State Route 40, Chadwick, IL, 61014 uses $66,267 cash to close to unlock $2,926/yr annual cash flow and $244/mo monthly cash flow. Total monthly income runs $1,630/mo, and a $978/mo payment keeps the spread at $244/mo. Purchase price stands at $199,900, and rental yield measures 9.78% with $1,630/mo rent. Return on cash invested shows 24.33% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 127.49% and total cumulative return in cash records $84,481. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,630/mo property income covering a $978/mo payment rather than investor’s personal income.
Single Family
Built in 1908
2.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61014, Chadwick, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 513 (100%) |
| Owner Occupied HU | 363 (70.8%) |
| Renter Occupied HU | 83 (16.2%) |
| Vacant Housing Units | 67 (13.1%) |
| Median Home Value | $192,500 |
| Average Home Value | $296,377 |
Housing Distribution
Address Breakdown
Residential
334
Single Family
334
Multi-Family
0
Businesses
22
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