516 E Monroe AveChrismanIL61924
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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 Chrisman at 516 E Monroe Ave, Chrisman, IL, 61924 with 5% annual appreciation on a $137,000 basis while $0/mo rent supports operations. 21% in year one. Equity gained on principal adds $884/yr, and five-year appreciation sums $37,851 alongside rental yield of 0%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $0/mo property income versus a $671/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1970
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61924, Chrisman, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 999 (100%) |
| Owner Occupied HU | 689 (69.0%) |
| Renter Occupied HU | 175 (17.5%) |
| Vacant Housing Units | 135 (13.5%) |
| Median Home Value | $151,820 |
| Average Home Value | $183,683 |
Housing Distribution
Address Breakdown
Residential
907
Single Family
907
Multi-Family
0
Businesses
51
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