1185 Farmstone DrDiamondIL60416
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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 Diamond at 1185 Farmstone Dr, Diamond, IL, 60416 generates $3,017/mo in rent and, after a $1,933/mo payment, leaves $278/mo in cash flow. Total monthly income is $3,017/mo, and annual cash flow is $3,330/yr on $130,943 invested. Return on cash invested sits at 22.45% in year one, and rental yield is 9.17% on a $395,000 entry. Equity gained on principal adds $2,549/yr, while 5% annual appreciation builds toward $109,131 over five years. Five-year ROI reaches 117.47% and total cumulative return in cash sums $153,822. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,017/mo property income rather than buyer’s personal income.
Townhouse
Built in 2024
9,315 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60416, Coal City, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,917 (100%) |
| Owner Occupied HU | 2,807 (71.7%) |
| Renter Occupied HU | 922 (23.5%) |
| Vacant Housing Units | 188 ( 4.8%) |
| Median Home Value | $263,882 |
| Average Home Value | $297,838 |
Housing Distribution
Address Breakdown
Residential
3,910
Single Family
3,858
Multi-Family
52
Businesses
256
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