613 N High StPort ByronIL61275
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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
Rental property for sale in Port Byron at 613 N High St, Port Byron, IL, 61275 generates $1,763/mo in rent and, after a $954/mo payment, leaves $411/mo in cash flow. Total monthly income is $1,763/mo, and annual cash flow is $4,930/yr on $64,643 invested. Return on cash invested sits at 27.54% in year one, and rental yield is 10.85% on a $195,000 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 144.74% and total cumulative return in cash sums $93,562. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,763/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
7,056 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61275, Port Byron, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,998 (100%) |
| Owner Occupied HU | 1,614 (80.8%) |
| Renter Occupied HU | 270 (13.5%) |
| Vacant Housing Units | 114 ( 5.7%) |
| Median Home Value | $279,505 |
| Average Home Value | $306,784 |
Housing Distribution
Address Breakdown
Residential
1,794
Single Family
1,543
Multi-Family
251
Businesses
70
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Listed by: Shawna Burrow • NextHome QC Realty
Mls Name: RMLS Alliance
Mls ID: #QC4267475