404 N West StTremontIL61568
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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
Rental property for sale in Tremont at 404 N West St, Tremont, IL, 61568 priced at $137,820 pairs $1,905/mo rent with $924/mo cash flow after a $675/mo payment. Total monthly income equals $1,905/mo, and annual cash flow comes to $11,086/yr on $45,687 invested. Return on cash invested is 44.17% in year one, and rental yield stands at 16.59% on a $137,820 basis. Equity gained on principal adds $889/yr, and 5% annual appreciation accumulates to $38,077 by year five. Five-year ROI measures 234.2% and total cumulative return in cash reaches $107,002. For financing, Ziffy Mortgage’s DSCR program evaluates $1,905/mo property income against a $675/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1951
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61568, Tremont, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,820 (100%) |
| Owner Occupied HU | 1,401 (77.0%) |
| Renter Occupied HU | 324 (17.8%) |
| Vacant Housing Units | 95 ( 5.2%) |
| Median Home Value | $270,647 |
| Average Home Value | $296,881 |
Housing Distribution
Address Breakdown
Residential
1,513
Single Family
1,491
Multi-Family
22
Businesses
129
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