325 SW 3rd StDe LandIL61839
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play325 SW 3rd St, De Land, IL, 61839 in De Land is priced for appreciation, not yield. Rental yield 0%. At $315,000 with a 0% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $87,029 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.00) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 7.0% |
| Monthly Cash Flow | $0 | $300 |
City averages based on De Land market data in our database. Property projections are estimates.
Multi Family
Built in 1909
2.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61839, De Land, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 286 (100%) |
| Owner Occupied HU | 223 (78.0%) |
| Renter Occupied HU | 45 (15.7%) |
| Vacant Housing Units | 18 ( 6.3%) |
| Median Home Value | $229,762 |
| Average Home Value | $241,143 |
Housing Distribution
Address Breakdown
Residential
133
Single Family
133
Multi-Family
0
Businesses
14
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
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
Multi Family
Built in 1909
2.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61839, De Land, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 286 (100%) |
| Owner Occupied HU | 223 (78.0%) |
| Renter Occupied HU | 45 (15.7%) |
| Vacant Housing Units | 18 ( 6.3%) |
| Median Home Value | $229,762 |
| Average Home Value | $241,143 |
Housing Distribution
Address Breakdown
Residential
133
Single Family
133
Multi-Family
0
Businesses
14
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices