1122 Rider StFloraIL62839
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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 Flora at 1122 Rider St, Flora, IL, 62839 generates $798/mo in rent and, after a $514/mo payment, leaves $70/mo in cash flow. Total monthly income is $798/mo, and annual cash flow is $835/yr on $34,808 invested. Return on cash invested sits at 22.31% in year one, and rental yield is 9.12% on a $105,000 entry. Equity gained on principal adds $678/yr, while 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 116.77% and total cumulative return in cash sums $40,646. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $798/mo property income rather than buyer’s personal income.
Single Family
Built in 1948
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62839, Flora, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,983 (100%) |
| Owner Occupied HU | 1,974 (66.2%) |
| Renter Occupied HU | 691 (23.2%) |
| Vacant Housing Units | 318 (10.7%) |
| Median Home Value | $120,905 |
| Average Home Value | $192,720 |
Housing Distribution
Address Breakdown
Residential
2,776
Single Family
2,726
Multi-Family
50
Businesses
312
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Listed by: Phil Wiley • WILEY REALTY GROUP
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB457565
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.