749 W Broadway StRichviewIL62877
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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 Richview at 749 W Broadway St, Richview, IL, 62877 priced at $129,900 pairs $1,189/mo rent with $288/mo cash flow after a $636/mo payment. Total monthly income equals $1,189/mo, and annual cash flow comes to $3,453/yr on $43,062 invested. Return on cash invested is 27.93% in year one, and rental yield stands at 10.98% on a $129,900 basis. Equity gained on principal adds $838/yr, and 5% annual appreciation accumulates to $35,889 by year five. Five-year ROI measures 146.85% and total cumulative return in cash reaches $63,235. For financing, Ziffy Mortgage’s DSCR program evaluates $1,189/mo property income against a $636/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1978
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62877, Richview, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 206 (100%) |
| Owner Occupied HU | 157 (76.2%) |
| Renter Occupied HU | 33 (16.0%) |
| Vacant Housing Units | 16 ( 7.8%) |
| Median Home Value | $153,693 |
| Average Home Value | $174,777 |
Housing Distribution
Address Breakdown
Residential
188
Single Family
188
Multi-Family
0
Businesses
12
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Listed by: Darlene M Baltzell • Rod Snow, INC.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB455164
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.