520 N Edison StFreeburgIL62243
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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 Freeburg at 520 N Edison St, Freeburg, IL, 62243 at $244,900 posts ROI 24.14% with $286/mo cash flow from $1,985/mo rent. Total monthly income equals $1,985/mo, and annual cash flow records $3,432/yr on $81,184 to close. Return on cash invested measures 24.14% and rental yield reads 9.73% at the current $244,900. Equity gained on principal adds $1,580/yr, and 5% annual appreciation supports $67,661 by year five. Five-year ROI prints 126.47% and total cumulative return in cash totals $102,677.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,985/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2007
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62243, Freeburg, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,453 (100%) |
| Owner Occupied HU | 1,948 (79.4%) |
| Renter Occupied HU | 340 (13.9%) |
| Vacant Housing Units | 165 ( 6.7%) |
| Median Home Value | $316,312 |
| Average Home Value | $332,109 |
Housing Distribution
Address Breakdown
Residential
2,430
Single Family
2,430
Multi-Family
0
Businesses
201
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