328 Warren StTremontIL61568
Nearby investment properties with comparable rents
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
Investment Highlights
Rental property for sale in Tremont at 328 Warren St, Tremont, IL, 61568 offers $1,586/mo rent that, after a $575/mo payment, leaves $771/mo cash flow. Total monthly income is $1,586/mo, and annual cash flow is $9,253/yr on $38,951 cash. Return on cash invested measures 43.66% in year one, and rental yield stands at 16.2% at a $117,500 entry. Equity gained on principal adds $758/yr while 5% annual appreciation compounds into $32,463 by year five. Five-year ROI records 231.34% and total cumulative return in cash reaches $90,110. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,586/mo property income versus a $575/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
5,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61568, Tremont, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,820 (100%) |
| Owner Occupied HU | 1,401 (77.0%) |
| Renter Occupied HU | 324 (17.8%) |
| Vacant Housing Units | 95 ( 5.2%) |
| Median Home Value | $270,647 |
| Average Home Value | $296,881 |
Housing Distribution
Address Breakdown
Residential
1,513
Single Family
1,491
Multi-Family
22
Businesses
129
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