103 W Cherokee AveShabbonaIL60550
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 Shabbona at 103 W Cherokee Ave, Shabbona, IL, 60550 priced at $185,000 pairs $1,445/mo rent with $162/mo cash flow after a $905/mo payment. Total monthly income equals $1,445/mo, and annual cash flow comes to $1,947/yr on $61,328 invested. Return on cash invested is 23.08% in year one, and rental yield stands at 9.37% on a $185,000 basis. Equity gained on principal adds $1,194/yr, and 5% annual appreciation accumulates to $51,112 by year five. Five-year ROI measures 120.91% and total cumulative return in cash reaches $74,151. For financing, Ziffy Mortgage’s DSCR program evaluates $1,445/mo property income against a $905/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60550, Shabbona, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 546 (100%) |
| Owner Occupied HU | 388 (71.1%) |
| Renter Occupied HU | 113 (20.7%) |
| Vacant Housing Units | 45 ( 8.2%) |
| Median Home Value | $266,901 |
| Average Home Value | $302,178 |
Housing Distribution
Address Breakdown
Residential
324
Single Family
273
Multi-Family
51
Businesses
52
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices