284 Grimm RdCongervilleIL61729
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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 Congerville at 284 Grimm Rd, Congerville, IL, 61729 at $429,900 posts ROI 11.31% with from $1,961/mo rent. Total monthly income equals $1,961/mo. Return on cash invested measures 11.31% and rental yield reads 5.47% at the current $429,900. Equity gained on principal adds $2,774/yr, and 5% annual appreciation supports $118,773 by year five. Five-year ROI prints 57.75% and total cumulative return in cash totals $82,303. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,961/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1972
7.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61729, Congerville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 403 (100%) |
| Owner Occupied HU | 333 (82.6%) |
| Renter Occupied HU | 43 (10.7%) |
| Vacant Housing Units | 27 ( 6.7%) |
| Median Home Value | $284,804 |
| Average Home Value | $308,116 |
Housing Distribution
Address Breakdown
Residential
365
Single Family
365
Multi-Family
0
Businesses
26
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Listed by: Ryan Blackorby • Jim Maloof Realty, Inc.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1259982
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.