600 S Chestnut StTremontIL61568
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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 Tremont at 600 S Chestnut St, Tremont, IL, 61568 earns $679/mo cash flow from $2,948/mo rent with a $1,601/mo payment. Total monthly income totals $2,948/mo, and annual cash flow totals $8,152/yr on $108,401 capital. ROI tracks 27.43% on current figures, and rental yield reads 10.82% at a $327,000 purchase. Equity gained on principal adds $2,110/yr, and 5% annual appreciation supports $90,344 over five years. Five-year ROI reaches 144.18% and total cumulative return in cash sums $156,293. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,948/mo property income instead of your personal income.
Single Family
Built in 2002
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61568, Tremont, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,820 (100%) |
| Owner Occupied HU | 1,401 (77.0%) |
| Renter Occupied HU | 324 (17.8%) |
| Vacant Housing Units | 95 ( 5.2%) |
| Median Home Value | $270,647 |
| Average Home Value | $296,881 |
Housing Distribution
Address Breakdown
Residential
1,513
Single Family
1,491
Multi-Family
22
Businesses
129
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