125 W Carol AveCortlandIL60112
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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 Cortland at 125 W Carol Ave, Cortland, IL, 60112 uses $85,527 cash to close to unlock $5,151/yr annual cash flow and $429/mo monthly cash flow. Total monthly income runs $2,219/mo, and a $1,263/mo payment keeps the spread at $429/mo. Purchase price stands at $258,000, and rental yield measures 10.32% with $2,219/mo rent. Return on cash invested shows 25.93% in year one, and 5% annual appreciation builds toward $71,281 over five years. Five-year ROI reaches 136.16% and total cumulative return in cash records $116,450. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,219/mo property income covering a $1,263/mo payment rather than investor’s personal income.
Single Family
Built in 1964
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60112, Cortland, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,721 (100%) |
| Owner Occupied HU | 1,303 (75.7%) |
| Renter Occupied HU | 363 (21.1%) |
| Vacant Housing Units | 55 ( 3.2%) |
| Median Home Value | $197,400 |
| Average Home Value | $220,353 |
Housing Distribution
Address Breakdown
Residential
1,668
Single Family
1,458
Multi-Family
210
Businesses
74
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