701 N Edison StFreeburgIL62243
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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 Freeburg at 701 N Edison St, Freeburg, IL, 62243 listed at $334,900 pairs $1,440/mo rent with a $1,639/mo payment. Total monthly income runs $1,440/mo. Return on cash invested measures 10.37% in year one, and rental yield registers 5.16% at a $334,900 basis. Equity gained on principal adds $2,161/yr, and annual property appreciation at 5% supports $92,527 by year five. Five-year ROI tracks 52.68% and total cumulative return in cash totals $58,489. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,440/mo property income relative to a $1,639/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2023
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62243, Freeburg, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,453 (100%) |
| Owner Occupied HU | 1,948 (79.4%) |
| Renter Occupied HU | 340 (13.9%) |
| Vacant Housing Units | 165 ( 6.7%) |
| Median Home Value | $316,312 |
| Average Home Value | $332,109 |
Housing Distribution
Address Breakdown
Residential
2,430
Single Family
2,430
Multi-Family
0
Businesses
201
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