337 N Grace StBrimfieldIL61517
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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 Brimfield at 337 N Grace St, Brimfield, IL, 61517 priced at $234,900 pairs $1,950/mo rent with $320/mo cash flow after a $1,150/mo payment. Total monthly income equals $1,950/mo, and annual cash flow comes to $3,845/yr on $77,869 invested. Return on cash invested is 24.85% in year one, and rental yield stands at 9.96% on a $234,900 basis. Equity gained on principal adds $1,516/yr, and 5% annual appreciation accumulates to $64,899 by year five. Five-year ROI measures 130.34% and total cumulative return in cash reaches $101,493. For financing, Ziffy Mortgage’s DSCR program evaluates $1,950/mo property income against a $1,150/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1961
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61517, Brimfield, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,276 (100%) |
| Owner Occupied HU | 1,073 (84.1%) |
| Renter Occupied HU | 134 (10.5%) |
| Vacant Housing Units | 69 ( 5.4%) |
| Median Home Value | $269,068 |
| Average Home Value | $302,349 |
Housing Distribution
Address Breakdown
Residential
1,023
Single Family
1,023
Multi-Family
0
Businesses
51
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