607 N 9th StDekalbIL60115
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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 Dekalb at 607 N 9th St, Dekalb, IL, 60115 uses $61,328 cash to close to unlock $7,287/yr annual cash flow and $607/mo monthly cash flow. Total monthly income runs $1,890/mo, and a $905/mo payment keeps the spread at $607/mo. Purchase price stands at $185,000, and rental yield measures 12.26% with $1,890/mo rent. Return on cash invested shows 31.79% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 167.6% and total cumulative return in cash records $102,783. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,890/mo property income covering a $905/mo payment rather than investor’s personal income.
Multi Family
Built in 2004
3,900 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60115, Dekalb, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,304 (100%) |
| Owner Occupied HU | 7,574 (41.4%) |
| Renter Occupied HU | 8,918 (48.7%) |
| Vacant Housing Units | 1,812 ( 9.9%) |
| Median Home Value | $225,217 |
| Average Home Value | $244,557 |
Housing Distribution
Address Breakdown
Residential
17,163
Single Family
11,647
Multi-Family
5,516
Businesses
1,118
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