566 Berkshire DrTroyIL62294
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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 Troy at 566 Berkshire Dr, Troy, IL, 62294 generates $3,442/mo in rent, after a $2,594/mo payment. Total monthly income is $3,442/mo. Return on cash invested sits at 18.38% in year one, and rental yield is 7.79% on a $530,000 entry. Equity gained on principal adds $3,420/yr, while 5% annual appreciation builds toward $146,429 over five years. Five-year ROI reaches 95.65% and total cumulative return in cash sums $166,783. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,442/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
2 Acres lot
$N/A/sqft
$115 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62294, Troy, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,266 (100%) |
| Owner Occupied HU | 4,801 (76.6%) |
| Renter Occupied HU | 1,178 (18.8%) |
| Vacant Housing Units | 287 ( 4.6%) |
| Median Home Value | $288,039 |
| Average Home Value | $330,237 |
Housing Distribution
Address Breakdown
Residential
6,258
Single Family
6,098
Multi-Family
160
Businesses
360
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Listed by: Teresa Cox • Keller Williams Marquee
Mls Name: MARIS
Mls Provider:
Mls ID: #25020466
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