302 N Center StPlanoIL60545
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Plano at 302 N Center St, Plano, IL, 60545 priced at $261,900 pairs $1,846/mo rent with $29/mo cash flow after a $1,282/mo payment. Total monthly income equals $1,846/mo, and annual cash flow comes to $351/yr on $86,820 invested. Return on cash invested is 20.31% in year one, and rental yield stands at 8.46% on a $261,900 basis. Equity gained on principal adds $1,690/yr, and 5% annual appreciation accumulates to $72,358 by year five. Five-year ROI measures 106.03% and total cumulative return in cash reaches $92,054. For financing, Ziffy Mortgage’s DSCR program evaluates $1,846/mo property income against a $1,282/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1921
7,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60545, Plano, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,076 (100%) |
| Owner Occupied HU | 3,807 (75.0%) |
| Renter Occupied HU | 1,100 (21.7%) |
| Vacant Housing Units | 169 ( 3.3%) |
| Median Home Value | $254,444 |
| Average Home Value | $292,603 |
Housing Distribution
Address Breakdown
Residential
4,996
Single Family
4,837
Multi-Family
159
Businesses
290
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