108 Mockingbird LnWoodlawnIL62898
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 Woodlawn at 108 Mockingbird Ln, Woodlawn, IL, 62898 priced at $229,000 pairs $1,590/mo rent with $1/mo cash flow after a $1,121/mo payment. Total monthly income equals $1,590/mo, and annual cash flow comes to $17/yr on $75,914 invested. Return on cash invested is 19.93% in year one, and rental yield stands at 8.33% on a $229,000 basis. Equity gained on principal adds $1,478/yr, and 5% annual appreciation accumulates to $63,268 by year five. Five-year ROI measures 103.99% and total cumulative return in cash reaches $78,941. For financing, Ziffy Mortgage’s DSCR program evaluates $1,590/mo property income against a $1,121/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1982
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62898, Woodlawn, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 836 (100%) |
| Owner Occupied HU | 667 (79.8%) |
| Renter Occupied HU | 105 (12.6%) |
| Vacant Housing Units | 64 ( 7.7%) |
| Median Home Value | $173,576 |
| Average Home Value | $195,465 |
Housing Distribution
Address Breakdown
Residential
811
Single Family
811
Multi-Family
0
Businesses
36
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