702 W Maple StStronghurstIL61480
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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 Stronghurst at 702 W Maple St, Stronghurst, IL, 61480 offers a 0% rental yield on a $225,000 purchase with $0/mo rent. 2% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61480, Stronghurst, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 508 (100%) |
| Owner Occupied HU | 362 (71.3%) |
| Renter Occupied HU | 93 (18.3%) |
| Vacant Housing Units | 53 (10.4%) |
| Median Home Value | $112,500 |
| Average Home Value | $137,818 |
Housing Distribution
Address Breakdown
Residential
358
Single Family
337
Multi-Family
21
Businesses
53
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No similar rental properties found nearby.
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Listed by: Richard Goff • Goff Real Estate & Appraisals
Mls Name: NoCoast MLS as distributed by MLS GRID
Mls ID: #6334079