119 Lakeside PlDahindaIL61428
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Dahinda at 119 Lakeside Pl, Dahinda, IL, 61428 priced at $199,000 converts $1,872/mo rent into $451/mo cash flow after a $974/mo obligation. Total monthly income equals $1,872/mo, and annual cash flow totals $5,413/yr on $65,969 invested. Return on cash invested prints 28.12% in year one, and rental yield reads 11.29% against a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation compiles into $54,980 by year five. Five-year ROI reaches 148.17% and total cumulative return in cash sums $97,746. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,872/mo property income covering a $974/mo payment, not borrower’s personal income.
Lot
Built in N/A
1.70 Acres lot
$N/A/sqft
$487 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61428, Dahinda, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 930 (100%) |
| Owner Occupied HU | 457 (49.1%) |
| Renter Occupied HU | 28 ( 3.0%) |
| Vacant Housing Units | 445 (47.8%) |
| Median Home Value | $254,310 |
| Average Home Value | $285,711 |
Housing Distribution
Address Breakdown
Residential
576
Single Family
576
Multi-Family
0
Businesses
15
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bradley A Hix • CENTURY 21 Tucker Swanson
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1025535
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.