1025 Mountain Glen RdCobdenIL62920
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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
Rental property for sale in Cobden at 1025 Mountain Glen Rd, Cobden, IL, 62920 offers $2,330/mo rent that, after a $1,738/mo payment. Total monthly income is $2,330/mo. Return on cash invested measures 18.55% in year one, and rental yield stands at 7.88% at a $355,000 entry. Equity gained on principal adds $2,291/yr while 5% annual appreciation compounds into $98,080 by year five. Five-year ROI records 96.6% and total cumulative return in cash reaches $113,676. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,330/mo property income versus a $1,738/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62920, Cobden, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,333 (100%) |
| Owner Occupied HU | 1,017 (76.3%) |
| Renter Occupied HU | 178 (13.4%) |
| Vacant Housing Units | 138 (10.4%) |
| Median Home Value | $175,521 |
| Average Home Value | $251,944 |
Housing Distribution
Address Breakdown
Residential
1,102
Single Family
1,102
Multi-Family
0
Businesses
51
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Listed by: Daniel J Harshbarger • KELLER WILLIAMS PINNACLE
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB455559
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.