(Undisclosed Address)ChebanseIL60922
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
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 Chebanse at (Undisclosed Address), Chebanse, IL, 60922 uses $84,499 cash to close to unlock $307/yr annual cash flow and $26/mo monthly cash flow. Total monthly income runs $1,794/mo, and a $1,248/mo payment keeps the spread at $26/mo. Purchase price stands at $254,900, and rental yield measures 8.45% with $1,794/mo rent. Return on cash invested shows 20.27% in year one, and 5% annual appreciation builds toward $70,424 over five years. Five-year ROI reaches 105.8% and total cumulative return in cash records $89,400. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,794/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Single Family
Built in 1996
7,888 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60922, Chebanse, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 856 (100%) |
| Owner Occupied HU | 620 (72.4%) |
| Renter Occupied HU | 175 (20.4%) |
| Vacant Housing Units | 61 ( 7.1%) |
| Median Home Value | $250,676 |
| Average Home Value | $312,206 |
Housing Distribution
Address Breakdown
Residential
762
Single Family
685
Multi-Family
77
Businesses
52
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.