704 E Gibson StNew BerlinIL62670
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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 New Berlin at 704 E Gibson St, New Berlin, IL, 62670 earns $512/mo cash flow from $1,656/mo rent with a $807/mo payment. Total monthly income totals $1,656/mo, and annual cash flow totals $6,148/yr on $54,664 capital. ROI tracks 31.16% on current figures, and rental yield reads 12.05% at a $164,900 purchase. Equity gained on principal adds $1,064/yr, and 5% annual appreciation supports $45,559 over five years. Five-year ROI reaches 164.19% and total cumulative return in cash sums $89,752. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,656/mo property income instead of your personal income.
Single Family
Built in N/A
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62670, New Berlin, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,304 (100%) |
| Owner Occupied HU | 1,039 (79.7%) |
| Renter Occupied HU | 191 (14.6%) |
| Vacant Housing Units | 74 ( 5.7%) |
| Median Home Value | $231,404 |
| Average Home Value | $273,140 |
Housing Distribution
Address Breakdown
Residential
1,154
Single Family
1,130
Multi-Family
24
Businesses
52
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Listed by: Dominic Campo • Campo Realty, Inc.
Mls Name: RMLS Alliance
Mls ID: #CA1040691