60 Frank StNew BerlinIL62670
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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 New Berlin at 60 Frank St, New Berlin, IL, 62670 offers a 9.2% rental yield on a $109,900 purchase with $843/mo rent. Total monthly income registers $843/mo, and a $538/mo payment leaves $81/mo available for distribution. Annual cash flow reaches $967/yr on $36,432 to close, and return on cash invested stands at 22.56% in year one. Equity gained on principal adds $709/yr while 5% annual appreciation supports $30,363 over five years. Portfolio math shows five-year ROI at 118.13% and total cumulative return in cash at $43,036. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $843/mo property income against a $538/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
6,300 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62670, New Berlin, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,304 (100%) |
| Owner Occupied HU | 1,039 (79.7%) |
| Renter Occupied HU | 191 (14.6%) |
| Vacant Housing Units | 74 ( 5.7%) |
| Median Home Value | $231,404 |
| Average Home Value | $273,140 |
Housing Distribution
Address Breakdown
Residential
1,154
Single Family
1,130
Multi-Family
24
Businesses
52
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Listed by: Renee Sommer • County Line Realty
Mls Name: RMLS Alliance
Mls ID: #CA1039567