300 Podres LnChathamIL62629
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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 Chatham at 300 Podres Ln, Chatham, IL, 62629 with 5% annual appreciation on a $249,900 basis while $2,114/mo rent supports operations. Total monthly income totals $2,114/mo and a $1,223/mo payment preserves $381/mo for cash returns. Annual cash flow comes to $4,569/yr on $82,842 deployed, and return on cash invested reaches 25.42% in year one. Equity gained on principal adds $1,613/yr, and five-year appreciation sums $69,043 alongside rental yield of 10.15%. Five-year ROI measures 133.41% and total cumulative return in cash totals $110,522.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,114/mo property income versus a $1,223/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2003
10,140 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62629, Chatham, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,305 (100%) |
| Owner Occupied HU | 4,641 (73.6%) |
| Renter Occupied HU | 1,202 (19.1%) |
| Vacant Housing Units | 462 ( 7.3%) |
| Median Home Value | $260,971 |
| Average Home Value | $279,718 |
Housing Distribution
Address Breakdown
Residential
6,294
Single Family
6,080
Multi-Family
214
Businesses
271
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Listed by: Jessica Plummer • Land & Home Real Estate
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1036172
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.