4 Memory LnStreatorIL61364
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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 Streator at 4 Memory Ln, Streator, IL, 61364 generates $2,497/mo in rent and, after a $1,645/mo payment, leaves $166/mo in cash flow. Total monthly income is $2,497/mo, and annual cash flow is $1,992/yr on $111,384 invested. Return on cash invested sits at 21.7% in year one, and rental yield is 8.92% on a $336,000 entry. Equity gained on principal adds $2,168/yr, while 5% annual appreciation builds toward $92,831 over five years. Five-year ROI reaches 113.39% and total cumulative return in cash sums $126,298. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,497/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61364, Streator, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,905 (100%) |
| Owner Occupied HU | 5,931 (66.6%) |
| Renter Occupied HU | 2,031 (22.8%) |
| Vacant Housing Units | 943 (10.6%) |
| Median Home Value | $118,682 |
| Average Home Value | $177,449 |
Housing Distribution
Address Breakdown
Residential
8,128
Single Family
7,456
Multi-Family
672
Businesses
490
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