292 Brecher LnGrovelandIL61535
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
Investment Highlights
Investment property for sale in Groveland at 292 Brecher Ln, Groveland, IL, 61535 offers a 15.17% rental yield on a $115,000 purchase with $1,454/mo rent. Total monthly income registers $1,454/mo, and a $563/mo payment leaves $612/mo available for distribution. Annual cash flow reaches $7,340/yr on $38,123 to close, and return on cash invested stands at 39.16% in year one. Equity gained on principal adds $742/yr while 5% annual appreciation supports $31,772 over five years. Portfolio math shows five-year ROI at 207.62% and total cumulative return in cash at $79,149. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,454/mo property income against a $563/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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
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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.