13 13a21 MustangApple RiverIL61001
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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 Apple River at 13 13a21 Mustang, Apple River, IL, 61001 listed at $254,900 pairs $2,232/mo rent with a $1,248/mo payment to leave $245/mo cash flow. Total monthly income runs $2,232/mo, and annual cash flow reaches $2,943/yr on $84,499 cash to close. Return on cash invested measures 23.39% in year one, and rental yield registers 10.51% at a $254,900 basis. Equity gained on principal adds $1,645/yr, and annual property appreciation at 5% supports $70,424 by year five. Five-year ROI tracks 123.67% and total cumulative return in cash totals $104,496. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,232/mo property income relative to a $1,248/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1982
0.79 Acres lot
$N/A/sqft
$2,620 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61001, Apple River, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,227 (100%) |
| Owner Occupied HU | 460 (37.5%) |
| Renter Occupied HU | 69 ( 5.6%) |
| Vacant Housing Units | 698 (56.9%) |
| Median Home Value | $248,148 |
| Average Home Value | $272,304 |
Housing Distribution
Address Breakdown
Residential
704
Single Family
696
Multi-Family
8
Businesses
23
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Listed by: JAMES SULLIVAN • Jim Sullivan Realty
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202404106
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.