12 Newland LnJacksonvilleIL62650
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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 12 Newland Ln, Jacksonville, IL, 62650 uses $51,349 cash to close to unlock $1,701/yr annual cash flow and $142/mo monthly cash flow. Total monthly income runs $1,216/mo, and a $758/mo payment keeps the spread at $142/mo. Purchase price stands at $154,900, and rental yield measures 9.42% with $1,216/mo rent. Return on cash invested shows 23.22% in year one, and 5% annual appreciation builds toward $42,796 over five years. Five-year ROI reaches 121.61% and total cumulative return in cash records $62,444. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,216/mo property income covering a $758/mo payment rather than investor’s personal income.
Single Family
Built in 1964
9,450 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 ID: #CA1040219