405 Park StCisneIL62823
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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 Cisne at 405 Park St, Cisne, IL, 62823 offers $1,614/mo rent that, after a $1,003/mo payment, leaves $192/mo cash flow. Total monthly income is $1,614/mo, and annual cash flow is $2,309/yr on $67,958 cash. Return on cash invested measures 23.31% in year one, and rental yield stands at 9.45% at a $205,000 entry. Equity gained on principal adds $1,323/yr while 5% annual appreciation compounds into $56,638 by year five. Five-year ROI records 122.06% and total cumulative return in cash reaches $82,950. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,614/mo property income versus a $1,003/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62823, Cisne, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 632 (100%) |
| Owner Occupied HU | 476 (75.3%) |
| Renter Occupied HU | 79 (12.5%) |
| Vacant Housing Units | 77 (12.2%) |
| Median Home Value | $131,111 |
| Average Home Value | $178,813 |
Housing Distribution
Address Breakdown
Residential
556
Single Family
556
Multi-Family
0
Businesses
38
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