1022 Sheldon StCORNLANDIL62519
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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
Investment property for sale in CORNLAND at 1022 Sheldon St, CORNLAND, IL, 62519 offers a 9.1% rental yield on a $200,000 purchase with $1,516/mo rent. Total monthly income registers $1,516/mo, and a $979/mo payment leaves $129/mo available for distribution. Annual cash flow reaches $1,544/yr on $66,300 to close, and return on cash invested stands at 22.24% in year one. Equity gained on principal adds $1,291/yr while 5% annual appreciation supports $55,256 over five years. Portfolio math shows five-year ROI at 116.34% and total cumulative return in cash at $77,132. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,516/mo property income against a $979/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1938
10,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62519, Cornland, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | |
| Owner Occupied HU | |
| Renter Occupied HU | |
| Vacant Housing Units | |
| Median Home Value | |
| Average Home Value |
Housing Distribution
Address Breakdown
Residential
30
Single Family
1
Multi-Family
0
Businesses
0
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Listed by: Brookelyn Hild • RE/MAX Choice
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1038723
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.