321 W North StBlue MoundIL62513
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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 Blue Mound at 321 W North St, Blue Mound, IL, 62513 priced at $149,500 pairs $684/mo rent with after a $732/mo payment. Total monthly income equals $684/mo. Return on cash invested is 11.36% in year one, and rental yield stands at 5.49% on a $149,500 basis. Equity gained on principal adds $965/yr, and 5% annual appreciation accumulates to $41,304 by year five. Five-year ROI measures 57.98% and total cumulative return in cash reaches $28,733. For financing, Ziffy Mortgage’s DSCR program evaluates $684/mo property income against a $732/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1946
1.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62513, Blue Mound, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 732 (100%) |
| Owner Occupied HU | 529 (72.3%) |
| Renter Occupied HU | 135 (18.4%) |
| Vacant Housing Units | 68 ( 9.3%) |
| Median Home Value | $122,955 |
| Average Home Value | $156,749 |
Housing Distribution
Address Breakdown
Residential
558
Single Family
558
Multi-Family
0
Businesses
42
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Listed by: Randy Grigg • Vieweg RE/Better Homes & Gardens Real Estate-Service First
Mls Name: CIBR
Mls ID: #6254845