350 S 4th AveSaint AnneIL60964
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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 Saint Anne at 350 S 4th Ave, Saint Anne, IL, 60964 offers $1,357/mo rent that, after a $1,138/mo payment. Total monthly income is $1,357/mo. Return on cash invested measures 15.93% in year one, and rental yield stands at 7% at a $232,500 entry. Equity gained on principal adds $1,500/yr while 5% annual appreciation compounds into $64,235 by year five. Five-year ROI records 82.52% and total cumulative return in cash reaches $63,600. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,357/mo property income versus a $1,138/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
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
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Listed by: Mandy Napoleon • Coldwell Banker Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12328673