4324 E 2859th RdSheridanIL60551
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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 Sheridan at 4324 E 2859th Rd, Sheridan, IL, 60551 listed at $480,000 pairs $2,748/mo rent with a $2,349/mo payment. Total monthly income runs $2,748/mo. Return on cash invested measures 15.53% in year one, and rental yield registers 6.87% at a $480,000 basis. Equity gained on principal adds $3,097/yr, and annual property appreciation at 5% supports $132,615 by year five. Five-year ROI tracks 80.31% and total cumulative return in cash totals $127,793. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,748/mo property income relative to a $2,349/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2007
101 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60551, Sheridan, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,536 (100%) |
| Owner Occupied HU | 1,186 (77.2%) |
| Renter Occupied HU | 231 (15.0%) |
| Vacant Housing Units | 119 ( 7.7%) |
| Median Home Value | $283,659 |
| Average Home Value | $309,030 |
Housing Distribution
Address Breakdown
Residential
1,167
Single Family
1,167
Multi-Family
0
Businesses
65
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