6305 W Clairemont CtEdwardsIL61528
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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 Edwards at 6305 W Clairemont Ct, Edwards, IL, 61528 offers a 8.81% rental yield on a $509,900 purchase with $3,745/mo rent. Total monthly income registers $3,745/mo, and a $2,496/mo payment leaves $208/mo available for distribution. Annual cash flow reaches $2,495/yr on $167,757 to close, and return on cash invested stands at 21.55% in year one. Equity gained on principal adds $3,290/yr while 5% annual appreciation supports $140,876 over five years. Portfolio math shows five-year ROI at 112.57% and total cumulative return in cash at $188,852. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,745/mo property income against a $2,496/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2015
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61528, Edwards, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,186 (100%) |
| Owner Occupied HU | 893 (75.3%) |
| Renter Occupied HU | 236 (19.9%) |
| Vacant Housing Units | 57 ( 4.8%) |
| Median Home Value | $359,302 |
| Average Home Value | $366,531 |
Housing Distribution
Address Breakdown
Residential
1,154
Single Family
1,154
Multi-Family
0
Businesses
73
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