308 Bodman StMilmineIL61855
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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 Milmine at 308 Bodman St, Milmine, IL, 61855 at $119,900 posts ROI 45.67% with $853/mo cash flow from $1,685/mo rent. Total monthly income equals $1,685/mo, and annual cash flow records $10,238/yr on $39,747 to close. Return on cash invested measures 45.67% and rental yield reads 16.86% at the current $119,900. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,126 by year five. Five-year ROI prints 242.07% and total cumulative return in cash totals $96,216.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,685/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
720 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61855, Milmine, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 52 (100%) |
| Owner Occupied HU | 42 (80.8%) |
| Renter Occupied HU | 6 (11.5%) |
| Vacant Housing Units | 4 ( 7.7%) |
| Median Home Value | $160,714 |
| Average Home Value | $188,988 |
Housing Distribution
Address Breakdown
Residential
46
Single Family
46
Multi-Family
0
Businesses
1
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