301 WilliamLenaIL61048
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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 Lena at 301 William, Lena, IL, 61048 uses $72,599 cash to close to unlock $5,650/yr annual cash flow and $471/mo monthly cash flow. Total monthly income runs $1,990/mo, and a $1,072/mo payment keeps the spread at $471/mo. Purchase price stands at $219,000, and rental yield measures 10.9% with $1,990/mo rent. Return on cash invested shows 27.69% in year one, and 5% annual appreciation builds toward $60,506 over five years. Five-year ROI reaches 145.57% and total cumulative return in cash records $105,681. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,990/mo property income covering a $1,072/mo payment rather than investor’s personal income.
Single Family
Built in 1977
0.41 Acres 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: ADAM WERHANE • Pat Brown Realty
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202503008
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.