80 E Spring RdCoal CityIL60416
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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
Investment property for sale in Coal City at 80 E Spring Rd, Coal City, IL, 60416 with 5% annual appreciation on a $425,000 basis while $3,115/mo rent supports operations. Total monthly income totals $3,115/mo and a $2,080/mo payment preserves $167/mo for cash returns. Annual cash flow comes to $2,007/yr on $140,888 deployed, and return on cash invested reaches 21.33% in year one. Equity gained on principal adds $2,742/yr, and five-year appreciation sums $117,420 alongside rental yield of 8.8%. Five-year ROI measures 111.49% and total cumulative return in cash totals $157,073.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,115/mo property income versus a $2,080/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1992
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60416, Coal City, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,917 (100%) |
| Owner Occupied HU | 2,807 (71.7%) |
| Renter Occupied HU | 922 (23.5%) |
| Vacant Housing Units | 188 ( 4.8%) |
| Median Home Value | $263,882 |
| Average Home Value | $297,838 |
Housing Distribution
Address Breakdown
Residential
3,910
Single Family
3,858
Multi-Family
52
Businesses
256
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