704 S Saint John StBethanyIL61914
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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 Bethany at 704 S Saint John St, Bethany, IL, 61914 priced at $119,900 converts $944/mo rent into $112/mo cash flow after a $587/mo obligation. Total monthly income equals $944/mo, and annual cash flow totals $1,346/yr on $39,747 invested. Return on cash invested prints 23.3% in year one, and rental yield reads 9.45% against a $119,900 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,126 by year five. Five-year ROI reaches 122.09% and total cumulative return in cash sums $48,528. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $944/mo property income covering a $587/mo payment, not borrower’s personal income.
Single Family
Built in 1976
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61914, Bethany, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 869 (100%) |
| Owner Occupied HU | 655 (75.4%) |
| Renter Occupied HU | 131 (15.1%) |
| Vacant Housing Units | 83 ( 9.6%) |
| Median Home Value | $129,821 |
| Average Home Value | $177,073 |
Housing Distribution
Address Breakdown
Residential
555
Single Family
555
Multi-Family
0
Businesses
46
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