403 S Benton StNew BerlinIL62670
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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
Investment property for sale in New Berlin at 403 S Benton St, New Berlin, IL, 62670 with 5% annual appreciation on a $164,500 basis while $0/mo rent supports operations. 2% in year one. Equity gained on principal adds $1,061/yr, and five-year appreciation sums $45,448 alongside rental yield of 0%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $0/mo property income versus a $805/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1967
10,184 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62670, New Berlin, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,304 (100%) |
| Owner Occupied HU | 1,039 (79.7%) |
| Renter Occupied HU | 191 (14.6%) |
| Vacant Housing Units | 74 ( 5.7%) |
| Median Home Value | $231,404 |
| Average Home Value | $273,140 |
Housing Distribution
Address Breakdown
Residential
1,154
Single Family
1,130
Multi-Family
24
Businesses
52
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Listed by: Stevie Sweeney • Keller Williams Capital
Mls Name: RMLS Alliance
Mls ID: #CA1040317