732 E Cemetery AveChenoaIL61726
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Chenoa at 732 E Cemetery Ave, Chenoa, IL, 61726 priced at $398,000 converts $2,767/mo rent into $6/mo cash flow after a $1,948/mo obligation. Total monthly income equals $2,767/mo, and annual cash flow totals $77/yr on $131,937 invested. Return on cash invested prints 19.97% in year one, and rental yield reads 8.34% against a $398,000 entry. Equity gained on principal adds $2,568/yr, while 5% annual appreciation compiles into $109,960 by year five. Five-year ROI reaches 104.15% and total cumulative return in cash sums $137,412. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,767/mo property income covering a $1,948/mo payment, not borrower’s personal income.
Single Family
Built in 1899
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61726, Chenoa, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,159 (100%) |
| Owner Occupied HU | 835 (72.0%) |
| Renter Occupied HU | 212 (18.3%) |
| Vacant Housing Units | 112 ( 9.7%) |
| Median Home Value | $181,250 |
| Average Home Value | $247,940 |
Housing Distribution
Address Breakdown
Residential
1,048
Single Family
1,048
Multi-Family
0
Businesses
83
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices