350 S 4th AveSaint AnneIL60964
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 350 S 4th Ave, Saint Anne, IL, 60964 in Saint Anne is a conservative rental investment at $232,500. Rental yield 6.54%. A 1.30 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $64,235; $2,141/yr in principal paydown supplements. Total projected return: $72,531.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.5% | 7.0% |
| Monthly Cash Flow | $(370) | $150 |
City averages based on Saint Anne market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,357 |
| Total Monthly Debt Service | $1,520 |
| DSCR Ratio | 0.89x |
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 1900
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60964, Saint Anne, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,158 (100%) |
| Owner Occupied HU | 1,606 (74.4%) |
| Renter Occupied HU | 410 (19.0%) |
| Vacant Housing Units | 142 ( 6.6%) |
| Median Home Value | $211,757 |
| Average Home Value | $242,203 |
Housing Distribution
Address Breakdown
Residential
1,840
Single Family
1,792
Multi-Family
48
Businesses
80
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 1900
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60964, Saint Anne, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,158 (100%) |
| Owner Occupied HU | 1,606 (74.4%) |
| Renter Occupied HU | 410 (19.0%) |
| Vacant Housing Units | 142 ( 6.6%) |
| Median Home Value | $211,757 |
| Average Home Value | $242,203 |
Housing Distribution
Address Breakdown
Residential
1,840
Single Family
1,792
Multi-Family
48
Businesses
80
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mandy Napoleon • Coldwell Banker Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12328673