121 City PlJacksonvilleIL62650
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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 Jacksonville at 121 City Pl, Jacksonville, IL, 62650 priced at $142,500 pairs $1,090/mo rent with $102/mo cash flow after a $697/mo payment. Total monthly income equals $1,090/mo, and annual cash flow comes to $1,225/yr on $47,239 invested. Return on cash invested is 22.5% in year one, and rental yield stands at 9.18% on a $142,500 basis. Equity gained on principal adds $920/yr, and 5% annual appreciation accumulates to $39,370 by year five. Five-year ROI measures 117.85% and total cumulative return in cash reaches $55,671. For financing, Ziffy Mortgage’s DSCR program evaluates $1,090/mo property income against a $697/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1930
9,350 sqft lot
$N/A/sqft
No HOA
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Listed by: Michael D Oldenettel • The Real Estate Group, Inc.
Mls Name: RMLS Alliance
Mls ID: #CA1040250