290 E 1st AveCliftonIL60927
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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 Clifton at 290 E 1st Ave, Clifton, IL, 60927 offers a 0% rental yield on a $192,500 purchase with $0/mo rent. 2% in year one. Equity gained on principal adds $1,242/yr while 5% annual appreciation supports $53,184 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $942/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60927, Clifton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 927 (100%) |
| Owner Occupied HU | 681 (73.5%) |
| Renter Occupied HU | 172 (18.6%) |
| Vacant Housing Units | 74 ( 8.0%) |
| Median Home Value | $203,800 |
| Average Home Value | $233,645 |
Housing Distribution
Address Breakdown
Residential
509
Single Family
509
Multi-Family
0
Businesses
61
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