1088 County Road 2350 EMagnoliaIL61336
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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 Magnolia at 1088 County Road 2350 E, Magnolia, IL, 61336 listed at $429,000 pairs $1,450/mo rent with a $2,100/mo payment. Total monthly income runs $1,450/mo. Return on cash invested measures 7.03% in year one, and rental yield registers 4.06% at a $429,000 basis. Equity gained on principal adds $2,768/yr, and annual property appreciation at 5% supports $118,525 by year five. Five-year ROI tracks 34.81% and total cumulative return in cash totals $49,501. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,450/mo property income relative to a $2,100/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61336, Magnolia, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 235 (100%) |
| Owner Occupied HU | 171 (72.8%) |
| Renter Occupied HU | 30 (12.8%) |
| Vacant Housing Units | 34 (14.5%) |
| Median Home Value | $176,136 |
| Average Home Value | $192,018 |
Housing Distribution
Address Breakdown
Residential
195
Single Family
195
Multi-Family
0
Businesses
12
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