402 N 2nd StEarlvilleIL60518
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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 Earlville at 402 N 2nd St, Earlville, IL, 60518 generates $758/mo in rent, after a $881/mo payment. Total monthly income is $758/mo. Return on cash invested sits at 10.04% in year one, and rental yield is 5.06% on a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 50.94% and total cumulative return in cash sums $30,381. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $758/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60518, Earlville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,515 (100%) |
| Owner Occupied HU | 1,061 (70.0%) |
| Renter Occupied HU | 316 (20.9%) |
| Vacant Housing Units | 138 ( 9.1%) |
| Median Home Value | $191,532 |
| Average Home Value | $225,021 |
Housing Distribution
Address Breakdown
Residential
1,249
Single Family
1,246
Multi-Family
3
Businesses
59
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