8323 E Briney RdIpavaIL61441
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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 Ipava at 8323 E Briney Rd, Ipava, IL, 61441 listed at $299,750 pairs $0/mo rent with a $1,467/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -5.2% in year one, and rental yield registers 0% at a $299,750 basis. Equity gained on principal adds $1,934/yr, and annual property appreciation at 5% supports $82,815 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $1,467/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1974
15.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61441, Ipava, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 478 (100%) |
| Owner Occupied HU | 364 (76.2%) |
| Renter Occupied HU | 79 (16.5%) |
| Vacant Housing Units | 35 ( 7.3%) |
| Median Home Value | $107,212 |
| Average Home Value | $131,360 |
Housing Distribution
Address Breakdown
Residential
304
Single Family
304
Multi-Family
0
Businesses
19
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No similar rental properties found nearby.
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