434 E Exchange St #2SycamoreIL60178
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Sycamore at 434 E Exchange St #2, Sycamore, IL, 60178 offers a 8.98% rental yield on a $197,500 purchase with $1,478/mo rent. Total monthly income registers $1,478/mo, and a $967/mo payment leaves $108/mo available for distribution. Annual cash flow reaches $1,293/yr on $65,471 to close, and return on cash invested stands at 21.88% in year one. Equity gained on principal adds $1,274/yr while 5% annual appreciation supports $54,566 over five years. Portfolio math shows five-year ROI at 114.43% and total cumulative return in cash at $74,919. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,478/mo property income against a $967/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60178, Sycamore, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,574 (100%) |
| Owner Occupied HU | 6,596 (68.9%) |
| Renter Occupied HU | 2,621 (27.4%) |
| Vacant Housing Units | 357 ( 3.7%) |
| Median Home Value | $282,093 |
| Average Home Value | $299,103 |
Housing Distribution
Address Breakdown
Residential
9,395
Single Family
8,862
Multi-Family
533
Businesses
816
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices