8645 N 150th StCaseyIL62420
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 Casey at 8645 N 150th St, Casey, IL, 62420 generates $2,027/mo in rent, after a $1,786/mo payment. Total monthly income is $2,027/mo. Return on cash invested sits at 14.91% in year one, and rental yield is 6.66% on a $365,000 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 77% and total cumulative return in cash sums $93,163. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,027/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62420, Casey, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,027 (100%) |
| Owner Occupied HU | 1,431 (70.6%) |
| Renter Occupied HU | 334 (16.5%) |
| Vacant Housing Units | 262 (12.9%) |
| Median Home Value | $130,452 |
| Average Home Value | $181,298 |
Housing Distribution
Address Breakdown
Residential
1,846
Single Family
1,843
Multi-Family
3
Businesses
193
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices