123 Cedar Crest LnMakandaIL62958
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
Investment property for sale in Makanda at 123 Cedar Crest Ln, Makanda, IL, 62958 earns $1/mo cash flow from $1,776/mo rent with a $1,253/mo payment. Total monthly income totals $1,776/mo, and annual cash flow totals $6/yr on $84,831 capital. ROI tracks 19.92% on current figures, and rental yield reads 8.33% at a $255,900 purchase. Equity gained on principal adds $1,651/yr, and 5% annual appreciation supports $70,700 over five years. Five-year ROI reaches 103.88% and total cumulative return in cash sums $88,118. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,776/mo property income instead of your personal income.
Single Family
Built in 2006
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62958, Makanda, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,058 (100%) |
| Owner Occupied HU | 754 (71.3%) |
| Renter Occupied HU | 172 (16.3%) |
| Vacant Housing Units | 132 (12.5%) |
| Median Home Value | $195,833 |
| Average Home Value | $244,290 |
Housing Distribution
Address Breakdown
Residential
1,010
Single Family
1,010
Multi-Family
0
Businesses
47
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices