3911 State Route 3ChesterIL62233
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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 Chester at 3911 State Route 3, Chester, IL, 62233 generates $1,376/mo in rent and, after a $563/mo payment, leaves $578/mo in cash flow. Total monthly income is $1,376/mo, and annual cash flow is $6,938/yr on $38,123 invested. Return on cash invested sits at 38.11% in year one, and rental yield is 14.36% on a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 201.54% and total cumulative return in cash sums $76,833. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,376/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62233, Chester, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,782 (100%) |
| Owner Occupied HU | 1,839 (66.1%) |
| Renter Occupied HU | 584 (21.0%) |
| Vacant Housing Units | 359 (12.9%) |
| Median Home Value | $144,761 |
| Average Home Value | $183,619 |
Housing Distribution
Address Breakdown
Residential
2,523
Single Family
2,421
Multi-Family
102
Businesses
201
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Listed by: Karen Whelan • Strano & Associates
Mls Name: MARIS
Mls Provider:
Mls ID: #25040737
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