889 N 1st StBreeseIL62230
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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 Breese at 889 N 1st St, Breese, IL, 62230 offers a 6.76% rental yield on a $190,000 purchase with $1,070/mo rent. 19% in year one. Equity gained on principal adds $1,226/yr while 5% annual appreciation supports $52,494 over five years. Portfolio math shows five-year ROI at 78.55% and total cumulative return in cash at $49,476. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,070/mo property income against a $930/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1939
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62230, Breese, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,757 (100%) |
| Owner Occupied HU | 2,137 (77.5%) |
| Renter Occupied HU | 495 (18.0%) |
| Vacant Housing Units | 125 ( 4.5%) |
| Median Home Value | $208,659 |
| Average Home Value | $234,516 |
Housing Distribution
Address Breakdown
Residential
2,817
Single Family
2,816
Multi-Family
1
Businesses
293
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