295 County Highway 8 HwyCongervilleIL61729
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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 Congerville at 295 County Highway 8 Hwy, Congerville, IL, 61729 offers a 0% rental yield on a $425,000 purchase with $0/mo rent. 2% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,420 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
6.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61729, Congerville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 403 (100%) |
| Owner Occupied HU | 333 (82.6%) |
| Renter Occupied HU | 43 (10.7%) |
| Vacant Housing Units | 27 ( 6.7%) |
| Median Home Value | $284,804 |
| Average Home Value | $308,116 |
Housing Distribution
Address Breakdown
Residential
365
Single Family
365
Multi-Family
0
Businesses
26
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Listed by: Mary A Biros • Jim Maloof Realty, Inc.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1259276
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