600 N Union StByronIL61010
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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 Byron at 600 N Union St, Byron, IL, 61010 uses $71,239 cash to close to unlock $6,303/yr annual cash flow and $525/mo monthly cash flow. Total monthly income runs $2,016/mo, and a $1,052/mo payment keeps the spread at $525/mo. Purchase price stands at $214,900, and rental yield measures 11.26% with $2,016/mo rent. Return on cash invested shows 28.76% in year one, and 5% annual appreciation builds toward $59,373 over five years. Five-year ROI reaches 151.32% and total cumulative return in cash records $107,802. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,016/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Single Family
Built in 1917
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61010, Byron, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,074 (100%) |
| Owner Occupied HU | 2,309 (75.1%) |
| Renter Occupied HU | 558 (18.2%) |
| Vacant Housing Units | 207 ( 6.7%) |
| Median Home Value | $235,309 |
| Average Home Value | $274,097 |
Housing Distribution
Address Breakdown
Residential
2,900
Single Family
2,900
Multi-Family
0
Businesses
173
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