7379 N Frontage LnBridgeportIL62417
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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 Bridgeport at 7379 N Frontage Ln, Bridgeport, IL, 62417 generates $1,422/mo in rent, after a $1,097/mo payment. Total monthly income is $1,422/mo. Return on cash invested sits at 17.77% in year one, and rental yield is 7.61% on a $224,100 entry. Equity gained on principal adds $1,446/yr, while 5% annual appreciation builds toward $61,915 over five years. Five-year ROI reaches 92.38% and total cumulative return in cash sums $68,630. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,422/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
3.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62417, Bridgeport, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,278 (100%) |
| Owner Occupied HU | 901 (70.5%) |
| Renter Occupied HU | 231 (18.1%) |
| Vacant Housing Units | 146 (11.4%) |
| Median Home Value | $101,875 |
| Average Home Value | $124,198 |
Housing Distribution
Address Breakdown
Residential
1,205
Single Family
1,176
Multi-Family
29
Businesses
82
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Listed by: Brady Rice • HJ Rice & Associates Realty LLC
Mls Name: NY State MLS
Mls ID: #11514453