701 Lundy StStreatorIL61364
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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 Streator at 701 Lundy St, Streator, IL, 61364 offers $1,440/mo rent that, after a $734/mo payment, leaves $400/mo cash flow. Total monthly income is $1,440/mo, and annual cash flow is $4,799/yr on $49,692 cash. Return on cash invested measures 29.57% in year one, and rental yield stands at 11.53% at a $149,900 entry. Equity gained on principal adds $967/yr while 5% annual appreciation compounds into $41,415 by year five. Five-year ROI records 155.61% and total cumulative return in cash reaches $77,327. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,440/mo property income versus a $734/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
6,300 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61364, Streator, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,905 (100%) |
| Owner Occupied HU | 5,931 (66.6%) |
| Renter Occupied HU | 2,031 (22.8%) |
| Vacant Housing Units | 943 (10.6%) |
| Median Home Value | $118,682 |
| Average Home Value | $177,449 |
Housing Distribution
Address Breakdown
Residential
8,128
Single Family
7,456
Multi-Family
672
Businesses
490
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