290 N Elm StBreeseIL62230
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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
Rental property for sale in Breese at 290 N Elm St, Breese, IL, 62230 generates $2,218/mo in rent, after a $1,590/mo payment. Total monthly income is $2,218/mo. Return on cash invested sits at 19.52% in year one, and rental yield is 8.19% on a $324,900 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,764 over five years. Five-year ROI reaches 101.72% and total cumulative return in cash sums $109,553. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,218/mo property income rather than buyer’s personal income.
Single Family
Built in 1963
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62230, Breese, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,757 (100%) |
| Owner Occupied HU | 2,137 (77.5%) |
| Renter Occupied HU | 495 (18.0%) |
| Vacant Housing Units | 125 ( 4.5%) |
| Median Home Value | $208,659 |
| Average Home Value | $234,516 |
Housing Distribution
Address Breakdown
Residential
2,817
Single Family
2,816
Multi-Family
1
Businesses
293
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