11708 Balsa LnRoscoeIL61073
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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 Roscoe at 11708 Balsa Ln, Roscoe, IL, 61073 generates $2,354/mo in rent and, after a $1,437/mo payment, leaves $318/mo in cash flow. Total monthly income is $2,354/mo, and annual cash flow is $3,813/yr on $97,295 invested. Return on cash invested sits at 23.83% in year one, and rental yield is 9.62% on a $293,500 entry. Equity gained on principal adds $1,894/yr, while 5% annual appreciation builds toward $81,089 over five years. Five-year ROI reaches 124.84% and total cumulative return in cash sums $121,463. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,354/mo property income rather than buyer’s personal income.
Single Family
Built in 1984
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61073, Roscoe, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,120 (100%) |
| Owner Occupied HU | 6,539 (80.5%) |
| Renter Occupied HU | 1,250 (15.4%) |
| Vacant Housing Units | 331 ( 4.1%) |
| Median Home Value | $241,380 |
| Average Home Value | $277,513 |
Housing Distribution
Address Breakdown
Residential
7,741
Single Family
7,646
Multi-Family
95
Businesses
477
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Listed by: Darin Spades • Keller Williams Realty Signature
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202502550
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.