602 Sheridan StChenoaIL61726
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
Investment property for sale in Chenoa at 602 Sheridan St, Chenoa, IL, 61726 at $139,900 posts ROI 40.85% with $809/mo cash flow from $1,780/mo rent. Total monthly income equals $1,780/mo, and annual cash flow records $9,712/yr on $46,377 to close. Return on cash invested measures 40.85% and rental yield reads 15.27% at the current $139,900. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,652 by year five. Five-year ROI prints 216.22% and total cumulative return in cash totals $100,275.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,780/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1889
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61726, Chenoa, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,159 (100%) |
| Owner Occupied HU | 835 (72.0%) |
| Renter Occupied HU | 212 (18.3%) |
| Vacant Housing Units | 112 ( 9.7%) |
| Median Home Value | $181,250 |
| Average Home Value | $247,940 |
Housing Distribution
Address Breakdown
Residential
1,048
Single Family
1,048
Multi-Family
0
Businesses
83
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices