1014 Pioneer Dr,South Jacksonville,IL,62650

Investment Highlights

Investment property for sale in South Jacksonville at 1014 Pioneer Dr, South Jacksonville, IL, 62650 listed at $189,900 pairs $1,502/mo rent with a $929/mo payment to leave $185/mo cash flow. Total monthly income runs $1,502/mo, and annual cash flow reaches $2,223/yr on $62,952 cash to close. Return on cash invested measures 23.44% in year one, and rental yield registers 9.49% at a $189,900 basis. Equity gained on principal adds $1,225/yr, and annual property appreciation at 5% supports $52,466 by year five. Five-year ROI tracks 122.83% and total cumulative return in cash totals $77,321. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,502/mo property income relative to a $929/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).