569 S Chestnut StChebanseIL60922
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Chebanse at 569 S Chestnut St, Chebanse, IL, 60922 offers $1,465/mo rent that, after a $1,174/mo payment. Total monthly income is $1,465/mo. Return on cash invested measures 16.91% in year one, and rental yield stands at 7.33% at a $239,900 entry. Equity gained on principal adds $1,548/yr while 5% annual appreciation compounds into $66,280 by year five. Five-year ROI records 87.77% and total cumulative return in cash reaches $69,799. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,465/mo property income versus a $1,174/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1894
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60922, Chebanse, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 856 (100%) |
| Owner Occupied HU | 620 (72.4%) |
| Renter Occupied HU | 175 (20.4%) |
| Vacant Housing Units | 61 ( 7.1%) |
| Median Home Value | $250,676 |
| Average Home Value | $312,206 |
Housing Distribution
Address Breakdown
Residential
762
Single Family
685
Multi-Family
77
Businesses
52
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices