1021 Pheasant CirSavoyIL61874
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 Savoy at 1021 Pheasant Cir, Savoy, IL, 61874 priced at $249,900 converts $3,295/mo rent into $1,487/mo cash flow after a $1,223/mo obligation. Total monthly income equals $3,295/mo, and annual cash flow totals $17,841/yr on $82,842 invested. Return on cash invested prints 41.45% in year one, and rental yield reads 15.82% against a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,043 by year five. Five-year ROI reaches 219.7% and total cumulative return in cash sums $182,006. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,295/mo property income covering a $1,223/mo payment, not borrower’s personal income.
Multi Family
Built in 1996
N/A lot
$N/A/sqft
$75 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61874, Savoy, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,062 (100%) |
| Owner Occupied HU | 2,177 (53.6%) |
| Renter Occupied HU | 1,560 (38.4%) |
| Vacant Housing Units | 325 ( 8.0%) |
| Median Home Value | $303,480 |
| Average Home Value | $315,244 |
Housing Distribution
Address Breakdown
Residential
4,176
Single Family
3,105
Multi-Family
1,071
Businesses
296
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Listed by: Rick Wilberg • eXp Realty,LLC-Cha
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12161968
Disclaimer: Based on information submitted to the MLS GRID as of 2024-02-07 09:06:36 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_17)