38 Drake LnBeecherIL60401
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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 Beecher at 38 Drake Ln, Beecher, IL, 60401 priced at $149,900 converts $0/mo rent into after a $734/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -5.21% in year one, and rental yield reads 0% against a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation compiles into $41,415 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $734/mo payment, not borrower’s personal income.
Manufactured
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60401, Beecher, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,295 (100%) |
| Owner Occupied HU | 2,731 (82.9%) |
| Renter Occupied HU | 434 (13.2%) |
| Vacant Housing Units | 130 ( 3.9%) |
| Median Home Value | $318,549 |
| Average Home Value | $347,722 |
Housing Distribution
Address Breakdown
Residential
2,586
Single Family
2,586
Multi-Family
0
Businesses
185
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No similar rental properties found nearby.
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