509 Berry StFreeman SpurIL62841
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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
Investment property for sale in Freeman Spur at 509 Berry St, Freeman Spur, IL, 62841 earns $252/mo cash flow from $1,777/mo rent with a $1,076/mo payment. Total monthly income totals $1,777/mo, and annual cash flow totals $3,024/yr on $72,897 capital. ROI tracks 24.06% on current figures, and rental yield reads 9.7% at a $219,900 purchase. Equity gained on principal adds $1,419/yr, and 5% annual appreciation supports $60,754 over five years. Five-year ROI reaches 126.13% and total cumulative return in cash sums $91,948. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,777/mo property income instead of your personal income.
Single Family
Built in 1968
0.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62841, Freeman Spur, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 36 (100%) |
| Owner Occupied HU | 21 (58.3%) |
| Renter Occupied HU | 8 (22.2%) |
| Vacant Housing Units | 7 (19.4%) |
| Median Home Value | $97,500 |
| Average Home Value | $132,738 |
Housing Distribution
Address Breakdown
Residential
2
Single Family
2
Multi-Family
0
Businesses
4
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Listed by: Brandi Champley • VIP Realty
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4267595
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.