879 2300th AveChestnutIL62518
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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 Chestnut at 879 2300th Ave, Chestnut, IL, 62518 listed at $265,000 pairs $0/mo rent with a $1,297/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 $265,000 basis. Equity gained on principal adds $1,710/yr, and annual property appreciation at 5% supports $73,215 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $1,297/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1935
2.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62518, Chestnut, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 180 (100%) |
| Owner Occupied HU | 135 (75.0%) |
| Renter Occupied HU | 29 (16.1%) |
| Vacant Housing Units | 16 ( 8.9%) |
| Median Home Value | $176,786 |
| Average Home Value | $212,630 |
Housing Distribution
Address Breakdown
Residential
110
Single Family
110
Multi-Family
0
Businesses
13
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