292 Brecher LnGrovelandIL61535
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Groveland rentals match the income profile of 292 Brecher Ln, Groveland, IL, 61535. Listed at $115,000, gross rent is $1,454/mo and net cash flow is $650/mo, a 15.88% yield well above national averages. DSCR 2.81 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $31,772 by year five with $1,059/yr in annual principal reduction, projecting $83,567 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15.9% | 6.0% |
| Monthly Cash Flow | $650 | $1,200 |
City averages based on Groveland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,454 |
| Total Monthly Debt Service | $796 |
| DSCR Ratio | 1.83x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1957
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61535, Groveland, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 762 (100%) |
| Owner Occupied HU | 684 (89.8%) |
| Renter Occupied HU | 35 ( 4.6%) |
| Vacant Housing Units | 43 ( 5.6%) |
| Median Home Value | $309,322 |
| Average Home Value | $316,473 |
Housing Distribution
Address Breakdown
Residential
626
Single Family
626
Multi-Family
0
Businesses
27
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1957
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61535, Groveland, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 762 (100%) |
| Owner Occupied HU | 684 (89.8%) |
| Renter Occupied HU | 35 ( 4.6%) |
| Vacant Housing Units | 43 ( 5.6%) |
| Median Home Value | $309,322 |
| Average Home Value | $316,473 |
Housing Distribution
Address Breakdown
Residential
626
Single Family
626
Multi-Family
0
Businesses
27
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Victoria L Stiel • RE/MAX Traders Unlimited
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1259324
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.