957 Chestnut AveNeogaIL62447
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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
Total monthly income runs $984/mo, and a $781/mo payment. Purchase price stands at $159,500, and rental yield measures 7.4% with $984/mo rent. Return on cash invested shows 17.13% in year one, and 5% annual appreciation builds toward $44,067 over five years. Five-year ROI reaches 88.94% and total cumulative return in cash records $47,029. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $984/mo property income covering a $781/mo payment rather than investor’s personal income.
Single Family
Built in 1945
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62447, Neoga, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,490 (100%) |
| Owner Occupied HU | 1,091 (73.2%) |
| Renter Occupied HU | 180 (12.1%) |
| Vacant Housing Units | 219 (14.7%) |
| Median Home Value | $177,885 |
| Average Home Value | $222,193 |
Housing Distribution
Address Breakdown
Residential
1,200
Single Family
1,200
Multi-Family
0
Businesses
68
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