708 Tyler StGenoaIL60135
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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 Genoa at 708 Tyler St, Genoa, IL, 60135 priced at $284,900 converts $2,494/mo rent into $495/mo cash flow after a $1,394/mo obligation. Total monthly income equals $2,494/mo, and annual cash flow totals $5,944/yr on $94,444 invested. Return on cash invested prints 26.2% in year one, and rental yield reads 10.5% against a $284,900 entry. Equity gained on principal adds $1,838/yr, while 5% annual appreciation compiles into $78,713 by year five. Five-year ROI reaches 137.71% and total cumulative return in cash sums $130,055. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,494/mo property income covering a $1,394/mo payment, not borrower’s personal income.
Single Family
Built in 1998
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60135, Genoa, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,846 (100%) |
| Owner Occupied HU | 2,162 (76.0%) |
| Renter Occupied HU | 589 (20.7%) |
| Vacant Housing Units | 95 ( 3.3%) |
| Median Home Value | $254,808 |
| Average Home Value | $285,332 |
Housing Distribution
Address Breakdown
Residential
2,807
Single Family
2,662
Multi-Family
145
Businesses
180
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Listed by: Brian Bottcher • Exit Realty Redefined Maurer Group
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202405468
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.