7 Netties Hollow DrPort 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 7 Netties Hollow Dr, Port Byron, IL, 61275 offers $2,887/mo rent that, after a $3,157/mo payment. Total monthly income is $2,887/mo. Return on cash invested measures 9.89% in year one, and rental yield stands at 5.37% at a $645,000 entry. Equity gained on principal adds $4,162/yr while 5% annual appreciation compounds into $178,202 by year five. Five-year ROI records 50.51% and total cumulative return in cash reaches $107,188. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,887/mo property income versus a $3,157/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2015
2.77 Acres lot
$N/A/sqft
$70 monthly 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: Lisa Deines • RE/MAX Concepts Moline
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4256302
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.