522 S State StBelvidereIL61008
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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
Total monthly income runs $1,507/mo, and a $2,325/mo payment. Purchase price stands at $475,000, and rental yield measures 3.81% with $1,507/mo rent. Return on cash invested shows 6.28% in year one, and 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 30.78% and total cumulative return in cash records $48,463. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,507/mo property income covering a $2,325/mo payment rather than investor’s personal income.
Multi Family
Built in 1889
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61008, Belvidere, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,954 (100%) |
| Owner Occupied HU | 9,284 (71.7%) |
| Renter Occupied HU | 3,087 (23.8%) |
| Vacant Housing Units | 583 ( 4.5%) |
| Median Home Value | $198,963 |
| Average Home Value | $235,058 |
Housing Distribution
Address Breakdown
Residential
12,742
Single Family
12,220
Multi-Family
522
Businesses
839
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