300 Chestnut StLenaIL61048
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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
Rental property for sale in Lena at 300 Chestnut St, Lena, IL, 61048 priced at $190,000 converts $1,655/mo rent into $337/mo cash flow after a $930/mo obligation. Total monthly income equals $1,655/mo, and annual cash flow totals $4,045/yr on $62,985 invested. Return on cash invested prints 26.33% in year one, and rental yield reads 10.45% against a $190,000 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation compiles into $52,494 by year five. Five-year ROI reaches 138.34% and total cumulative return in cash sums $87,132. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,655/mo property income covering a $930/mo payment, not borrower’s personal income.
Single Family
Built in 1965
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61048, Lena, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,875 (100%) |
| Owner Occupied HU | 1,447 (77.2%) |
| Renter Occupied HU | 284 (15.1%) |
| Vacant Housing Units | 144 ( 7.7%) |
| Median Home Value | $181,929 |
| Average Home Value | $218,842 |
Housing Distribution
Address Breakdown
Residential
1,635
Single Family
1,526
Multi-Family
109
Businesses
138
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Listed by: KATIE MCPEEK • Jim Sullivan Realty
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202505961
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