1177 King StJacksonvilleIL62650
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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
Investment property for sale in Jacksonville at 1177 King St, Jacksonville, IL, 62650 uses $44,090 cash to close to unlock $8,789/yr annual cash flow and $732/mo monthly cash flow. Total monthly income runs $1,655/mo, and a $651/mo payment keeps the spread at $732/mo. Purchase price stands at $133,000, and rental yield measures 14.93% with $1,655/mo rent. Return on cash invested shows 39.84% in year one, and 5% annual appreciation builds toward $36,745 over five years. Five-year ROI reaches 210.79% and total cumulative return in cash records $92,937. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,655/mo property income covering a $651/mo payment rather than investor’s personal income.
Single Family
Built in 1975
8,750 sqft lot
$N/A/sqft
No HOA
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Listed by: Shawn Doerr • The Real Estate Group, Inc.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1036986
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.