418 E Chestnut StPaxtonIL60957
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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 Paxton at 418 E Chestnut St, Paxton, IL, 60957 offers $0/mo rent that, after a $673/mo payment. Total monthly income is $0/mo. Return on cash invested measures -5.2% in year one, and rental yield stands at 0% at a $137,500 entry. Equity gained on principal adds $887/yr while 5% annual appreciation compounds into $37,989 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $673/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
8,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60957, Paxton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,413 (100%) |
| Owner Occupied HU | 1,592 (66.0%) |
| Renter Occupied HU | 554 (23.0%) |
| Vacant Housing Units | 267 (11.1%) |
| Median Home Value | $124,230 |
| Average Home Value | $154,234 |
Housing Distribution
Address Breakdown
Residential
2,236
Single Family
2,188
Multi-Family
48
Businesses
233
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices