304 4th Ave, Colona, IL, 61241 | 8.21% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Colona at 304 4th Ave, Colona, IL, 61241 earns from $1,778/mo rent with a $1,273/mo payment. Total monthly income totals $1,778/mo. ROI tracks 19.55% on current figures, and rental yield reads 8.21% at a $260,000 purchase. Equity gained on principal adds $1,678/yr, and 5% annual appreciation supports $71,833 over five years. Five-year ROI reaches 101.93% and total cumulative return in cash sums $87,857. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,778/mo property income instead of your personal income.

Single Family

Built in 1973

0.48 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 61241, Colona, IL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,961 (100%)
Owner Occupied HU	2,412 (81.5%)
Renter Occupied HU	372 (12.6%)
Vacant Housing Units	177 ( 6.0%)
Median Home Value	$170,370
Average Home Value	$193,296