8804 217th St NPort ByronIL61275
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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 Port Byron at 8804 217th St N, Port Byron, IL, 61275 offers a 10.3% rental yield on a $345,000 purchase with $2,960/mo rent. Total monthly income registers $2,960/mo, and a $1,689/mo payment leaves $567/mo available for distribution. Annual cash flow reaches $6,799/yr on $114,368 to close, and return on cash invested stands at 25.85% in year one. Equity gained on principal adds $2,226/yr while 5% annual appreciation supports $95,317 over five years. Portfolio math shows five-year ROI at 135.72% and total cumulative return in cash at $155,224. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,960/mo property income against a $1,689/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
0.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61275, Port Byron, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,998 (100%) |
| Owner Occupied HU | 1,614 (80.8%) |
| Renter Occupied HU | 270 (13.5%) |
| Vacant Housing Units | 114 ( 5.7%) |
| Median Home Value | $279,505 |
| Average Home Value | $306,784 |
Housing Distribution
Address Breakdown
Residential
1,794
Single Family
1,543
Multi-Family
251
Businesses
70
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Listed by: Rae Carlson • NextHome QC Realty
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4265992
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.