306 Chestnut StNokomisIL62075
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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 Nokomis at 306 Chestnut St, Nokomis, IL, 62075 earns $427/mo cash flow from $1,446/mo rent with a $719/mo payment. Total monthly income totals $1,446/mo, and annual cash flow totals $5,122/yr on $48,731 capital. ROI tracks 30.42% on current figures, and rental yield reads 11.8% at a $147,000 purchase. Equity gained on principal adds $949/yr, and 5% annual appreciation supports $40,613 over five years. Five-year ROI reaches 160.19% and total cumulative return in cash sums $78,060. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,446/mo property income instead of your personal income.
Single Family
Built in 1976
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62075, Nokomis, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,518 (100%) |
| Owner Occupied HU | 1,085 (71.5%) |
| Renter Occupied HU | 245 (16.1%) |
| Vacant Housing Units | 188 (12.4%) |
| Median Home Value | $120,682 |
| Average Home Value | $184,005 |
Housing Distribution
Address Breakdown
Residential
1,386
Single Family
1,365
Multi-Family
21
Businesses
111
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