12323 Meadow DrWinnebagoIL61088
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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 Winnebago at 12323 Meadow Dr, Winnebago, IL, 61088 generates $2,474/mo in rent and, after a $1,566/mo payment, leaves $137/mo in cash flow. Total monthly income is $2,474/mo, and annual cash flow is $1,638/yr on $106,047 invested. Return on cash invested sits at 21.45% in year one, and rental yield is 9.28% on a $319,900 entry. Equity gained on principal adds $2,064/yr, while 5% annual appreciation builds toward $88,382 over five years. Five-year ROI reaches 112.61% and total cumulative return in cash sums $119,420. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,474/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
9,583 sqft lot
$N/A/sqft
$355 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61088, Winnebago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,332 (100%) |
| Owner Occupied HU | 1,936 (83.0%) |
| Renter Occupied HU | 267 (11.4%) |
| Vacant Housing Units | 129 ( 5.5%) |
| Median Home Value | $216,291 |
| Average Home Value | $256,985 |
Housing Distribution
Address Breakdown
Residential
2,244
Single Family
2,244
Multi-Family
0
Businesses
127
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Listed by: Karen Senior • Wingert Real Estate Llc
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202504072
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.