509 Vine StVarnaIL61375
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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 Varna at 509 Vine St, Varna, IL, 61375 at $115,000 posts ROI 22.18% with $72/mo cash flow from $870/mo rent. Total monthly income equals $870/mo, and annual cash flow records $866/yr on $38,123 to close. Return on cash invested measures 22.18% and rental yield reads 9.08% at the current $115,000. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 by year five. Five-year ROI prints 116.11% and total cumulative return in cash totals $44,265.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $870/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1949
9,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61375, Varna, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 803 (100%) |
| Owner Occupied HU | 461 (57.4%) |
| Renter Occupied HU | 60 ( 7.5%) |
| Vacant Housing Units | 282 (35.1%) |
| Median Home Value | $174,328 |
| Average Home Value | $215,873 |
Housing Distribution
Address Breakdown
Residential
458
Single Family
458
Multi-Family
0
Businesses
24
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