115 Vicar DrSpauldingIL62561
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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 Spaulding at 115 Vicar Dr, Spaulding, IL, 62561 offers $1,504/mo rent that, after a $1,101/mo payment. Total monthly income is $1,504/mo. Return on cash invested measures 19% in year one, and rental yield stands at 8.02% at a $225,000 entry. Equity gained on principal adds $1,452/yr while 5% annual appreciation compounds into $62,163 by year five. Five-year ROI records 98.99% and total cumulative return in cash reaches $73,833. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,504/mo property income versus a $1,101/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
0.33 Acres lot
$N/A/sqft
No HOA
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Listed by: Melissa D Vorreyer • RE/MAX Professionals
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1036981
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