28136 300th AveBarryIL62312
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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 Barry at 28136 300th Ave, Barry, IL, 62312 offers a 9.42% rental yield on a $259,900 purchase with $2,040/mo rent. Total monthly income registers $2,040/mo, and a $1,272/mo payment leaves $237/mo available for distribution. Annual cash flow reaches $2,848/yr on $86,157 to close, and return on cash invested stands at 23.22% in year one. Equity gained on principal adds $1,677/yr while 5% annual appreciation supports $71,806 over five years. Portfolio math shows five-year ROI at 121.58% and total cumulative return in cash at $104,746. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,040/mo property income against a $1,272/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
2.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62312, Barry, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 984 (100%) |
| Owner Occupied HU | 669 (68.0%) |
| Renter Occupied HU | 175 (17.8%) |
| Vacant Housing Units | 140 (14.2%) |
| Median Home Value | $123,933 |
| Average Home Value | $170,732 |
Housing Distribution
Address Breakdown
Residential
816
Single Family
816
Multi-Family
0
Businesses
65
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