601 Kitchell AvePanaIL62557
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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 Pana at 601 Kitchell Ave, Pana, IL, 62557 listed at $219,900 pairs $726/mo rent with a $1,076/mo payment. Total monthly income runs $726/mo. Return on cash invested measures 6.76% in year one, and rental yield registers 3.96% at a $219,900 basis. Equity gained on principal adds $1,419/yr, and annual property appreciation at 5% supports $60,754 by year five. Five-year ROI tracks 33.36% and total cumulative return in cash totals $24,316. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $726/mo property income relative to a $1,076/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62557, Pana, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,527 (100%) |
| Owner Occupied HU | 2,213 (62.7%) |
| Renter Occupied HU | 743 (21.1%) |
| Vacant Housing Units | 571 (16.2%) |
| Median Home Value | $114,822 |
| Average Home Value | $143,717 |
Housing Distribution
Address Breakdown
Residential
3,070
Single Family
2,893
Multi-Family
177
Businesses
247
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