1-1A99 Mustang LnApple RiverIL61001
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Apple River at 1-1A99 Mustang Ln, Apple River, IL, 61001 priced at $544,000 converts $2,400/mo rent into after a $2,663/mo obligation. Total monthly income equals $2,400/mo. Return on cash invested prints 10.09% in year one, and rental yield reads 5.29% against a $544,000 entry. Equity gained on principal adds $3,510/yr, while 5% annual appreciation compiles into $150,297 by year five. Five-year ROI reaches 51.41% and total cumulative return in cash sums $92,014. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,400/mo property income covering a $2,663/mo payment, not borrower’s personal income.
Single Family
Built in 1988
0.66 Acres lot
$N/A/sqft
$1,360 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61001, Apple River, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,227 (100%) |
| Owner Occupied HU | 460 (37.5%) |
| Renter Occupied HU | 69 ( 5.6%) |
| Vacant Housing Units | 698 (56.9%) |
| Median Home Value | $248,148 |
| Average Home Value | $272,304 |
Housing Distribution
Address Breakdown
Residential
704
Single Family
696
Multi-Family
8
Businesses
23
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michelle Bass • Dc Rise Real Estate
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202501559
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.