409 N Carey StBracevilleIL60407
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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
Investment property for sale in Braceville at 409 N Carey St, Braceville, IL, 60407 at $229,900 posts ROI 20.23% with $21/mo cash flow from $1,615/mo rent. Total monthly income equals $1,615/mo, and annual cash flow records $247/yr on $76,212 to close. Return on cash invested measures 20.23% and rental yield reads 8.43% at the current $229,900. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,517 by year five. Five-year ROI prints 105.59% and total cumulative return in cash totals $80,471.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,615/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1997
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60407, Braceville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 655 (100%) |
| Owner Occupied HU | 498 (76.0%) |
| Renter Occupied HU | 104 (15.9%) |
| Vacant Housing Units | 53 ( 8.1%) |
| Median Home Value | $223,214 |
| Average Home Value | $335,552 |
Housing Distribution
Address Breakdown
Residential
569
Single Family
569
Multi-Family
0
Businesses
26
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Nearby investment properties with comparable prices
Listed by: Kim Wirtz, ABR,CRS,e-PRO • Wirtz Real Estate Group Inc.
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12515344