12184 Clark LnArenzvilleIL62611
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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 Arenzville at 12184 Clark Ln, Arenzville, IL, 62611 generates $1,763/mo in rent, after a $1,463/mo payment. Total monthly income is $1,763/mo. Return on cash invested sits at 16.15% in year one, and rental yield is 7.08% on a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 83.69% and total cumulative return in cash sums $82,954. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,763/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
10.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62611, Arenzville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 434 (100%) |
| Owner Occupied HU | 341 (78.6%) |
| Renter Occupied HU | 55 (12.7%) |
| Vacant Housing Units | 38 ( 8.8%) |
| Median Home Value | $154,583 |
| Average Home Value | $184,208 |
Housing Distribution
Address Breakdown
Residential
332
Single Family
327
Multi-Family
5
Businesses
23
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Listed by: Jess Spradlin • Spradlin Auction & Real Estate
Mls Name: RMLS Alliance
Mls ID: #CA1039239