355 Church StBridgeportIL62417
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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 Bridgeport at 355 Church St, Bridgeport, IL, 62417 offers $1,259/mo rent that, after a $722/mo payment, leaves $236/mo cash flow. Total monthly income is $1,259/mo, and annual cash flow is $2,830/yr on $48,896 cash. Return on cash invested measures 25.7% in year one, and rental yield stands at 10.24% at a $147,500 entry. Equity gained on principal adds $952/yr while 5% annual appreciation compounds into $40,752 by year five. Five-year ROI records 134.88% and total cumulative return in cash reaches $65,953. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,259/mo property income versus a $722/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
8,145 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62417, Bridgeport, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,278 (100%) |
| Owner Occupied HU | 901 (70.5%) |
| Renter Occupied HU | 231 (18.1%) |
| Vacant Housing Units | 146 (11.4%) |
| Median Home Value | $101,875 |
| Average Home Value | $124,198 |
Housing Distribution
Address Breakdown
Residential
1,205
Single Family
1,176
Multi-Family
29
Businesses
82
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Listed by: Matthew Lawrence • KLEIN RLTY&AUCTION, INC.
Mls Name: IRMLS
Mls ID: #202602675