767 Oak StChesterIL62233
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 Chester at 767 Oak St, Chester, IL, 62233 priced at $110,000 converts $1,214/mo rent into $451/mo cash flow after a $538/mo obligation. Total monthly income equals $1,214/mo, and annual cash flow totals $5,417/yr on $36,465 invested. Return on cash invested prints 34.76% in year one, and rental yield reads 13.24% against a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation compiles into $30,391 by year five. Five-year ROI reaches 183.53% and total cumulative return in cash sums $66,924. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,214/mo property income covering a $538/mo payment, not borrower’s personal income.
Single Family
Built in 1939
4,861 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62233, Chester, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,782 (100%) |
| Owner Occupied HU | 1,839 (66.1%) |
| Renter Occupied HU | 584 (21.0%) |
| Vacant Housing Units | 359 (12.9%) |
| Median Home Value | $144,761 |
| Average Home Value | $183,619 |
Housing Distribution
Address Breakdown
Residential
2,523
Single Family
2,421
Multi-Family
102
Businesses
201
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Listed by: Robin K Bert • Worth Clark Realty
Mls Name: MARIS
Mls Provider:
Mls ID: #24075019
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