505 N Grove StFithianIL61844
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 505 N Grove St, Fithian, IL, 61844 in Fithian. Rental yield 0%. At $149,900 with 0% gross yield, current distributions are modest, but the 5% appreciation rate projects $41,415 in new equity by year five, complemented by $1,381/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.00) allows non-U.S. residents to acquire without W-2s or domestic credit.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.0% |
| Monthly Cash Flow | $0 | $1,200 |
City averages based on Fithian market data in our database. Property projections are estimates.
Manufactured
Built in 1999
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61844, Fithian, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 473 (100%) |
| Owner Occupied HU | 363 (76.7%) |
| Renter Occupied HU | 68 (14.4%) |
| Vacant Housing Units | 42 ( 8.9%) |
| Median Home Value | $137,054 |
| Average Home Value | $183,085 |
Housing Distribution
Address Breakdown
Residential
247
Single Family
247
Multi-Family
0
Businesses
14
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Manufactured
Built in 1999
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61844, Fithian, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 473 (100%) |
| Owner Occupied HU | 363 (76.7%) |
| Renter Occupied HU | 68 (14.4%) |
| Vacant Housing Units | 42 ( 8.9%) |
| Median Home Value | $137,054 |
| Average Home Value | $183,085 |
Housing Distribution
Address Breakdown
Residential
247
Single Family
247
Multi-Family
0
Businesses
14
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices