








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Crete at 686 2nd St, Crete, IL, 60417 listed at $249,900 pairs $1,689/mo rent with a $1,223/mo payment. Total monthly income runs $1,689/mo. Return on cash invested measures 19.27% in year one, and rental yield registers 8.11% at a $249,900 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,043 by year five. Five-year ROI tracks 100.39% and total cumulative return in cash totals $83,162. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,689/mo property income relative to a $1,223/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1953
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 60417, Crete, IL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,162 (100%) |
| Owner Occupied HU | 5,085 (82.5%) |
| Renter Occupied HU | 807 (13.1%) |
| Vacant Housing Units | 270 ( 4.4%) |
| Median Home Value | $288,203 |
| Average Home Value | $341,922 |
Residential
6,066
Single Family
5,902
Multi-Family
164
Businesses
428
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Cara Dulaitis • Re/Max 10
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12511528