482 S Rivard StBourbonnaisIL60914
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
Rental property for sale in Bourbonnais at 482 S Rivard St, Bourbonnais, IL, 60914 generates $1,378/mo in rent, after a $979/mo payment. Total monthly income is $1,378/mo. Return on cash invested sits at 19.74% in year one, and rental yield is 8.27% on a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 102.93% and total cumulative return in cash sums $68,240. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,378/mo property income rather than buyer’s personal income.
Single Family
Built in 1961
6,330 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60914, Bourbonnais, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,142 (100%) |
| Owner Occupied HU | 7,435 (66.7%) |
| Renter Occupied HU | 2,976 (26.7%) |
| Vacant Housing Units | 731 ( 6.6%) |
| Median Home Value | $234,333 |
| Average Home Value | $255,617 |
Housing Distribution
Address Breakdown
Residential
11,025
Single Family
10,552
Multi-Family
473
Businesses
797
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Renee Lozano • @home realty|BROKERAGE
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12467093