4505 S Chana RdChanaIL61015
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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 Chana at 4505 S Chana Rd, Chana, IL, 61015 priced at $694,800 converts $2,263/mo rent into after a $3,401/mo obligation. Total monthly income equals $2,263/mo. Return on cash invested prints 6.64% in year one, and rental yield reads 3.91% against a $694,800 entry. Equity gained on principal adds $4,483/yr, while 5% annual appreciation compiles into $191,960 by year five. Five-year ROI reaches 32.64% and total cumulative return in cash sums $74,619. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,263/mo property income covering a $3,401/mo payment, not borrower’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61015, Chana, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 430 (100%) |
| Owner Occupied HU | 359 (83.5%) |
| Renter Occupied HU | 48 (11.2%) |
| Vacant Housing Units | 23 ( 5.3%) |
| Median Home Value | $291,327 |
| Average Home Value | $344,464 |
Housing Distribution
Address Breakdown
Residential
330
Single Family
330
Multi-Family
0
Businesses
10
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