424 Us Highway 34KirkwoodIL61447
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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 Kirkwood at 424 Us Highway 34, Kirkwood, IL, 61447 offers a 8.3% rental yield on a $325,000 purchase with $2,249/mo rent. 85% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,792 over five years. Portfolio math shows five-year ROI at 103.52% and total cumulative return in cash at $111,529. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,249/mo property income against a $1,591/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
3.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61447, Kirkwood, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 375 (100%) |
| Owner Occupied HU | 287 (76.5%) |
| Renter Occupied HU | 58 (15.5%) |
| Vacant Housing Units | 30 ( 8.0%) |
| Median Home Value | $131,944 |
| Average Home Value | $227,988 |
Housing Distribution
Address Breakdown
Residential
252
Single Family
252
Multi-Family
0
Businesses
26
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