721 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
Rental property for sale in Freeburg at 721 N Edison St, Freeburg, IL, 62243 priced at $315,000 pairs $2,227/mo rent with after a $1,542/mo payment. Total monthly income equals $2,227/mo. Return on cash invested is 18.67% in year one, and rental yield stands at 8.48% on a $315,000 basis. Equity gained on principal adds $2,033/yr, and 5% annual appreciation accumulates to $87,029 by year five. Five-year ROI measures 97.79% and total cumulative return in cash reaches $102,113. For financing, Ziffy Mortgage’s DSCR program evaluates $2,227/mo property income against a $1,542/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
9,583 sqft lot
$N/A/sqft
$150 monthly 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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Listed by: Katie Bergheger Mitchel • Re/Max Signature Properties
Mls Name: MARIS
Mls Provider:
Mls ID: #25001384
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