13420 Howard RdProphetstownIL61277
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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 Prophetstown at 13420 Howard Rd, Prophetstown, IL, 61277 uses $49,725 cash to close to unlock $1,137/yr annual cash flow and $95/mo monthly cash flow. Total monthly income runs $1,135/mo, and a $734/mo payment keeps the spread at $95/mo. Purchase price stands at $150,000, and rental yield measures 9.08% with $1,135/mo rent. Return on cash invested shows 22.2% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 116.09% and total cumulative return in cash records $57,726. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,135/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in N/A
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61277, Prophetstown, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,475 (100%) |
| Owner Occupied HU | 1,053 (71.4%) |
| Renter Occupied HU | 252 (17.1%) |
| Vacant Housing Units | 170 (11.5%) |
| Median Home Value | $164,983 |
| Average Home Value | $205,166 |
Housing Distribution
Address Breakdown
Residential
1,340
Single Family
1,312
Multi-Family
28
Businesses
98
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Listed by: Tina DeMay • Bird Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12534733