2922 W Main StEdelsteinIL61526
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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 Edelstein at 2922 W Main St, Edelstein, IL, 61526 listed at $154,900 pairs $2,858/mo rent with a $758/mo payment to leave $1,784/mo cash flow. Total monthly income runs $2,858/mo, and annual cash flow reaches $21,405/yr on $51,349 cash to close. Return on cash invested measures 61.59% in year one, and rental yield registers 22.14% at a $154,900 basis. Equity gained on principal adds $1,000/yr, and annual property appreciation at 5% supports $42,796 by year five. Five-year ROI tracks 327.4% and total cumulative return in cash totals $168,116. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,858/mo property income relative to a $758/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1910
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61526, Edelstein, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 376 (100%) |
| Owner Occupied HU | 308 (81.9%) |
| Renter Occupied HU | 29 ( 7.7%) |
| Vacant Housing Units | 39 (10.4%) |
| Median Home Value | $252,817 |
| Average Home Value | $276,291 |
Housing Distribution
Address Breakdown
Residential
395
Single Family
395
Multi-Family
0
Businesses
11
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Listed by: Brooke Richardson • RE/MAX Traders Unlimited
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1252108
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.