412 N Main StChadwickIL61014
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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 Chadwick at 412 N Main St, Chadwick, IL, 61014 listed at $124,900 pairs $986/mo rent with a $611/mo payment to leave $120/mo cash flow. Total monthly income runs $986/mo, and annual cash flow reaches $1,440/yr on $41,404 cash to close. Return on cash invested measures 23.39% in year one, and rental yield registers 9.47% at a $124,900 basis. Equity gained on principal adds $806/yr, and annual property appreciation at 5% supports $34,508 by year five. Five-year ROI tracks 122.44% and total cumulative return in cash totals $50,698. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $986/mo property income relative to a $611/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1974
8,712 sqft 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
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