414 W Chippewa StDwightIL60420
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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
Rental property for sale in Dwight at 414 W Chippewa St, Dwight, IL, 60420 generates $799/mo in rent and, after a $514/mo payment, leaves $71/mo in cash flow. Total monthly income is $799/mo, and annual cash flow is $847/yr on $34,808 invested. Return on cash invested sits at 22.34% in year one, and rental yield is 9.13% on a $105,000 entry. Equity gained on principal adds $678/yr, while 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 116.95% and total cumulative return in cash sums $40,706. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $799/mo property income rather than buyer’s personal income.
Single Family
Built in 1952
7,252 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60420, Dwight, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,182 (100%) |
| Owner Occupied HU | 1,402 (64.3%) |
| Renter Occupied HU | 562 (25.8%) |
| Vacant Housing Units | 218 ( 10.0%) |
| Median Home Value | $163,291 |
| Average Home Value | $187,978 |
Housing Distribution
Address Breakdown
Residential
2,090
Single Family
1,926
Multi-Family
164
Businesses
168
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