731 Midwest Ct, Freeport, IL, 61032 | Equity Gain $12,260/yr

For Sale

Rental Income

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1536 sft

108 Hillside Dr, Polo, IL, 61064

2 Bed
3 Bath
1200 sft

11386 W Haldane Rd, Polo, IL, 61064

5 Bed
2 Bath
1578 sft

16303 W Canada Rd, Polo, IL, 61064

5 Bed
2 Bath
2248 sft

2224 N Eldorado St, Polo, IL, 61064

Nearby investment properties with comparable prices

7 Bed
5 Bath
7470 sft

24-102 & #103, Lanark, IL, 61046

5 Bed
4 Bath
5247 sft

25-82 Lake Carroll Blvd, Lanark, IL, 61046

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Freeport at 731 Midwest Ct, Freeport, IL, 61032 offers a 0.53% rental yield on a $1,900,000 purchase with $842/mo rent. 68% in year one. Equity gained on principal adds $12,260/yr while 5% annual appreciation supports $524,935 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $842/mo property income against a $9,300/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in N/A

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 61032, Freeport, IL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	14,514 (100%)
Owner Occupied HU	8,485 (58.5%)
Renter Occupied HU	4,354 (30.0%)
Vacant Housing Units	1,675 (11.5%)
Median Home Value	$117,056
Average Home Value	$149,942