307 E North StStronghurstIL61480
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play307 E North St, Stronghurst, IL, 61480 in Stronghurst is priced for appreciation, not yield. Rental yield 0%. At $124,900 with a 0% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $34,508 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.00) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.0% |
| Monthly Cash Flow | $0 | $400 |
City averages based on Stronghurst market data in our database. Property projections are estimates.
Single Family
Built in 2003
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61480, Stronghurst, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 508 (100%) |
| Owner Occupied HU | 362 (71.3%) |
| Renter Occupied HU | 93 (18.3%) |
| Vacant Housing Units | 53 (10.4%) |
| Median Home Value | $112,500 |
| Average Home Value | $137,818 |
Housing Distribution
Address Breakdown
Residential
358
Single Family
337
Multi-Family
21
Businesses
53
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Single Family
Built in 2003
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61480, Stronghurst, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 508 (100%) |
| Owner Occupied HU | 362 (71.3%) |
| Renter Occupied HU | 93 (18.3%) |
| Vacant Housing Units | 53 (10.4%) |
| Median Home Value | $112,500 |
| Average Home Value | $137,818 |
Housing Distribution
Address Breakdown
Residential
358
Single Family
337
Multi-Family
21
Businesses
53
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Denise Myers • RE/MAX Real Estate Specialists
Mls Name: NoCoast MLS as distributed by MLS GRID
Mls ID: #6335556