53 Bass RdAvaIL62907
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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 Ava at 53 Bass Rd, Ava, IL, 62907 offers $1,254/mo rent that, after a $972/mo payment. Total monthly income is $1,254/mo. Return on cash invested measures 17.66% in year one, and rental yield stands at 7.58% at a $198,500 entry. Equity gained on principal adds $1,281/yr while 5% annual appreciation compounds into $54,842 by year five. Five-year ROI records 91.77% and total cumulative return in cash reaches $60,389. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,254/mo property income versus a $972/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62907, Ava, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 990 (100%) |
| Owner Occupied HU | 736 (74.3%) |
| Renter Occupied HU | 120 (12.1%) |
| Vacant Housing Units | 134 (13.5%) |
| Median Home Value | $201,887 |
| Average Home Value | $256,457 |
Housing Distribution
Address Breakdown
Residential
799
Single Family
799
Multi-Family
0
Businesses
43
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