601 Brown StBrightonIL62012
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 Brighton at 601 Brown St, Brighton, IL, 62012 offers $1,954/mo rent that, after a $734/mo payment, leaves $847/mo cash flow. Total monthly income is $1,954/mo, and annual cash flow is $10,161/yr on $49,725 cash. Return on cash invested measures 40.34% in year one, and rental yield stands at 15.63% at a $150,000 entry. Equity gained on principal adds $968/yr while 5% annual appreciation compounds into $41,442 by year five. Five-year ROI records 213.97% and total cumulative return in cash reaches $106,398. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,954/mo property income versus a $734/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62012, Brighton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,794 (100%) |
| Owner Occupied HU | 2,283 (81.7%) |
| Renter Occupied HU | 300 (10.7%) |
| Vacant Housing Units | 211 ( 7.6%) |
| Median Home Value | $183,850 |
| Average Home Value | $215,324 |
Housing Distribution
Address Breakdown
Residential
2,566
Single Family
2,542
Multi-Family
24
Businesses
101
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Listed by: Kelly A May-Bramlet • Coldwell Banker Brown Realtors
Mls Name: MARIS
Mls Provider:
Mls ID: #25040075
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