34924 S State Route 129BracevilleIL60407
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 34924 S State Route 129, Braceville, IL, 60407 in Braceville the bet is firmly on appreciation. Rental yield 3.82%. The 3.82% gross yield on a $329,900 price is below income-first thresholds, but 5%/yr value growth projects $91,145 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.71) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $46,543.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.8% | 6.0% |
| Monthly Cash Flow | $(1,238) | $300 |
City averages based on Braceville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,050 |
| Total Monthly Debt Service | $2,157 |
| DSCR Ratio | 0.49x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1976
2.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60407, Braceville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 655 (100%) |
| Owner Occupied HU | 498 (76.0%) |
| Renter Occupied HU | 104 (15.9%) |
| Vacant Housing Units | 53 ( 8.1%) |
| Median Home Value | $223,214 |
| Average Home Value | $335,552 |
Housing Distribution
Address Breakdown
Residential
569
Single Family
569
Multi-Family
0
Businesses
26
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
Single Family
Built in 1976
2.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60407, Braceville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 655 (100%) |
| Owner Occupied HU | 498 (76.0%) |
| Renter Occupied HU | 104 (15.9%) |
| Vacant Housing Units | 53 ( 8.1%) |
| Median Home Value | $223,214 |
| Average Home Value | $335,552 |
Housing Distribution
Address Breakdown
Residential
569
Single Family
569
Multi-Family
0
Businesses
26
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12605526