402 N Main StChadwickIL61014
Nearby investment properties with comparable rents
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 Chadwick at 402 N Main St, Chadwick, IL, 61014 earns $1,084/mo cash flow from $1,924/mo rent with a $587/mo payment. Total monthly income totals $1,924/mo, and annual cash flow totals $13,012/yr on $39,747 capital. ROI tracks 52.65% on current figures, and rental yield reads 19.26% at a $119,900 purchase. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,126 over five years. Five-year ROI reaches 279.54% and total cumulative return in cash sums $111,108. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,924/mo property income instead of your personal income.
Single Family
Built in 1883
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61014, Chadwick, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 513 (100%) |
| Owner Occupied HU | 363 (70.8%) |
| Renter Occupied HU | 83 (16.2%) |
| Vacant Housing Units | 67 (13.1%) |
| Median Home Value | $192,500 |
| Average Home Value | $296,377 |
Housing Distribution
Address Breakdown
Residential
334
Single Family
334
Multi-Family
0
Businesses
22
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kathleen Suehl • Windmill Real Estate
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4251678
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.