29247 E Bitner RdGlasfordIL61533
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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 Glasford at 29247 E Bitner Rd, Glasford, IL, 61533 listed at $270,000 pairs $1,500/mo rent with a $1,322/mo payment. Total monthly income runs $1,500/mo. Return on cash invested measures 14.9% in year one, and rental yield registers 6.67% at a $270,000 basis. Equity gained on principal adds $1,742/yr, and annual property appreciation at 5% supports $74,596 by year five. Five-year ROI tracks 76.98% and total cumulative return in cash totals $68,905. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,500/mo property income relative to a $1,322/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1979
10.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61533, Glasford, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,010 (100%) |
| Owner Occupied HU | 786 (77.8%) |
| Renter Occupied HU | 119 (11.8%) |
| Vacant Housing Units | 105 (10.4%) |
| Median Home Value | $165,678 |
| Average Home Value | $202,141 |
Housing Distribution
Address Breakdown
Residential
737
Single Family
737
Multi-Family
0
Businesses
28
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Listed by: Renee J Lewis • Jim Maloof Realty, Inc.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1255355
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.