308 E 1st AveDeer CreekIL61733
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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
Rental property for sale in Deer Creek at 308 E 1st Ave, Deer Creek, IL, 61733 generates $1,404/mo in rent and, after a $636/mo payment, leaves $488/mo in cash flow. Total monthly income is $1,404/mo, and annual cash flow is $5,861/yr on $43,095 invested. Return on cash invested sits at 33.51% in year one, and rental yield is 12.96% on a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 176.96% and total cumulative return in cash sums $76,263. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,404/mo property income rather than buyer’s personal income.
Single Family
Built in 1906
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61733, Deer Creek, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 531 (100%) |
| Owner Occupied HU | 414 (78.0%) |
| Renter Occupied HU | 75 (14.1%) |
| Vacant Housing Units | 42 ( 7.9%) |
| Median Home Value | $278,571 |
| Average Home Value | $301,655 |
Housing Distribution
Address Breakdown
Residential
306
Single Family
306
Multi-Family
0
Businesses
33
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Listed by: Mary A Biros • Jim Maloof Realty, Inc.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1259407
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.