521 N Walnut StByronIL61010
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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
Rental property for sale in Byron at 521 N Walnut St, Byron, IL, 61010 priced at $249,900 pairs $1,296/mo rent with after a $1,223/mo payment. Total monthly income equals $1,296/mo. Return on cash invested is 13.58% in year one, and rental yield stands at 6.22% on a $249,900 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,043 by year five. Five-year ROI measures 69.85% and total cumulative return in cash reaches $57,866. For financing, Ziffy Mortgage’s DSCR program evaluates $1,296/mo property income against a $1,223/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1922
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61010, Byron, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,074 (100%) |
| Owner Occupied HU | 2,309 (75.1%) |
| Renter Occupied HU | 558 (18.2%) |
| Vacant Housing Units | 207 ( 6.7%) |
| Median Home Value | $235,309 |
| Average Home Value | $274,097 |
Housing Distribution
Address Breakdown
Residential
2,900
Single Family
2,900
Multi-Family
0
Businesses
173
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