315 E Locust StKirkwoodIL61447
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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 Kirkwood at 315 E Locust St, Kirkwood, IL, 61447 priced at $104,900 pairs $780/mo rent with $53/mo cash flow after a $513/mo payment. Total monthly income equals $780/mo, and annual cash flow comes to $634/yr on $34,774 invested. Return on cash invested is 21.73% in year one, and rental yield stands at 8.92% on a $104,900 basis. Equity gained on principal adds $677/yr, and 5% annual appreciation accumulates to $28,982 by year five. Five-year ROI measures 113.62% and total cumulative return in cash reaches $39,510. For financing, Ziffy Mortgage’s DSCR program evaluates $780/mo property income against a $513/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1940
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61447, Kirkwood, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 375 (100%) |
| Owner Occupied HU | 287 (76.5%) |
| Renter Occupied HU | 58 (15.5%) |
| Vacant Housing Units | 30 ( 8.0%) |
| Median Home Value | $131,944 |
| Average Home Value | $227,988 |
Housing Distribution
Address Breakdown
Residential
252
Single Family
252
Multi-Family
0
Businesses
26
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