556 W River StBourbonnaisIL60914
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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 Bourbonnais at 556 W River St, Bourbonnais, IL, 60914 with 5% annual appreciation on a $150,000 basis while $1,129/mo rent supports operations. Total monthly income totals $1,129/mo and a $734/mo payment preserves $89/mo for cash returns. Annual cash flow comes to $1,065/yr on $49,725 deployed, and return on cash invested reaches 22.05% in year one. Equity gained on principal adds $968/yr, and five-year appreciation sums $41,442 alongside rental yield of 9.03%. Five-year ROI measures 115.34% and total cumulative return in cash totals $57,354.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,129/mo property income versus a $734/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1956
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60914, Bourbonnais, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,142 (100%) |
| Owner Occupied HU | 7,435 (66.7%) |
| Renter Occupied HU | 2,976 (26.7%) |
| Vacant Housing Units | 731 ( 6.6%) |
| Median Home Value | $234,333 |
| Average Home Value | $255,617 |
Housing Distribution
Address Breakdown
Residential
11,025
Single Family
10,552
Multi-Family
473
Businesses
797
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Listed by: Alexander Fenske • Keller Williams Preferred Rlty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12408830