11101 Doogan AveWillow SpringsIL60480
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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 Willow Springs at 11101 Doogan Ave, Willow Springs, IL, 60480 generates $4,912/mo in rent and, after a $2,447/mo payment, leaves $1,444/mo in cash flow. Total monthly income is $4,912/mo, and annual cash flow is $17,332/yr on $165,717 invested. Return on cash invested sits at 30.37% in year one, and rental yield is 11.79% on a $499,900 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 159.92% and total cumulative return in cash sums $265,020. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,912/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60480, Willow Springs, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,337 (100%) |
| Owner Occupied HU | 1,991 (85.2%) |
| Renter Occupied HU | 224 ( 9.6%) |
| Vacant Housing Units | 122 ( 5.2%) |
| Median Home Value | $383,333 |
| Average Home Value | $500,295 |
Housing Distribution
Address Breakdown
Residential
2,322
Single Family
1,985
Multi-Family
337
Businesses
206
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Nearby investment properties with comparable prices
Listed by: Tom Baker • Coldwell Banker Realty
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12176615
Disclaimer: Based on information submitted to the MLS GRID as of 2024-02-07 09:06:36 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_17)