447 W Crea StCerro GordoIL61818
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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 Cerro Gordo at 447 W Crea St, Cerro Gordo, IL, 61818 generates $1,632/mo in rent and, after a $515/mo payment, leaves $902/mo in cash flow. Total monthly income is $1,632/mo, and annual cash flow is $10,827/yr on $34,866 invested. Return on cash invested sits at 50.96% in year one, and rental yield is 18.62% on a $105,177 entry. Equity gained on principal adds $679/yr, while 5% annual appreciation builds toward $29,058 over five years. Five-year ROI reaches 270.44% and total cumulative return in cash sums $94,293. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,632/mo property income rather than buyer’s personal income.
Single Family
Built in 1964
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61818, Cerro Gordo, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 698 (100%) |
| Owner Occupied HU | 514 (73.6%) |
| Renter Occupied HU | 124 (17.8%) |
| Vacant Housing Units | 60 ( 8.6%) |
| Median Home Value | $127,500 |
| Average Home Value | $148,278 |
Housing Distribution
Address Breakdown
Residential
368
Single Family
368
Multi-Family
0
Businesses
36
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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