309 N Holmes StCambridgeIL61238
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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 Cambridge at 309 N Holmes St, Cambridge, IL, 61238 priced at $247,000 pairs $3,730/mo rent with $2,017/mo cash flow after a $1,209/mo payment. Total monthly income equals $3,730/mo, and annual cash flow comes to $24,200/yr on $81,881 invested. Return on cash invested is 49.46% in year one, and rental yield stands at 18.12% on a $247,000 basis. Equity gained on principal adds $1,594/yr, and 5% annual appreciation accumulates to $68,242 by year five. Five-year ROI measures 262.34% and total cumulative return in cash reaches $214,804. For financing, Ziffy Mortgage’s DSCR program evaluates $3,730/mo property income against a $1,209/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2008
0.30 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Jorge Romero • Realty One Group Inc.
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12103194
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