117 Benedict Dr SWPoplar GroveIL61065
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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 Poplar Grove at 117 Benedict Dr SW, Poplar Grove, IL, 61065 priced at $295,000 converts $1,952/mo rent into after a $1,444/mo obligation. Total monthly income equals $1,952/mo. Return on cash invested prints 18.75% in year one, and rental yield reads 7.94% against a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation compiles into $81,503 by year five. Five-year ROI reaches 97.62% and total cumulative return in cash sums $95,462. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,952/mo property income covering a $1,444/mo payment, not borrower’s personal income.
Single Family
Built in 1993
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61065, Poplar Grove, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,132 (100%) |
| Owner Occupied HU | 3,437 (83.2%) |
| Renter Occupied HU | 478 (11.6%) |
| Vacant Housing Units | 217 ( 5.3%) |
| Median Home Value | $228,564 |
| Average Home Value | $271,308 |
Housing Distribution
Address Breakdown
Residential
3,898
Single Family
3,898
Multi-Family
0
Businesses
124
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Listed by: Joanna Piekarski • HomeSmart Connect LLC
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12535729