605 Briddick StEldoradoIL62930
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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 Eldorado at 605 Briddick St, Eldorado, IL, 62930 offers a 8.89% rental yield on a $265,000 purchase with $1,964/mo rent. Total monthly income registers $1,964/mo, and a $1,297/mo payment leaves $126/mo available for distribution. Annual cash flow reaches $1,511/yr on $87,848 to close, and return on cash invested stands at 21.63% in year one. Equity gained on principal adds $1,710/yr while 5% annual appreciation supports $73,215 over five years. Portfolio math shows five-year ROI at 113.05% and total cumulative return in cash at $99,315. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,964/mo property income against a $1,297/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62930, Eldorado, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,847 (100%) |
| Owner Occupied HU | 1,760 (61.8%) |
| Renter Occupied HU | 592 (20.8%) |
| Vacant Housing Units | 495 (17.4%) |
| Median Home Value | $100,919 |
| Average Home Value | $141,723 |
Housing Distribution
Address Breakdown
Residential
2,525
Single Family
2,476
Multi-Family
49
Businesses
187
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Listed by: Brooke Schimp • House 2 Home Realty Marion
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4256244
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.