381 W Exchange StCreteIL60417
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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
Investment property for sale in Crete at 381 W Exchange St, Crete, IL, 60417 at $195,000 posts ROI 23.1% with $172/mo cash flow from $1,524/mo rent. Total monthly income equals $1,524/mo, and annual cash flow records $2,062/yr on $64,643 to close. Return on cash invested measures 23.1% and rental yield reads 9.38% at the current $195,000. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,875 by year five. Five-year ROI prints 120.94% and total cumulative return in cash totals $78,178.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,524/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1957
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60417, Crete, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,162 (100%) |
| Owner Occupied HU | 5,085 (82.5%) |
| Renter Occupied HU | 807 (13.1%) |
| Vacant Housing Units | 270 ( 4.4%) |
| Median Home Value | $288,203 |
| Average Home Value | $341,922 |
Housing Distribution
Address Breakdown
Residential
6,066
Single Family
5,902
Multi-Family
164
Businesses
428
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