1494 State Highway 150GoodfieldIL61742
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Rental property for sale in Goodfield at 1494 State Highway 150, Goodfield, IL, 61742 generates $0/mo in rent, after a $1,132/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -5.21% in year one, and rental yield is 0% on a $231,200 entry. Equity gained on principal adds $1,492/yr, while 5% annual appreciation builds toward $63,876 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61742, Goodfield, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 522 (100%) |
| Owner Occupied HU | 407 (78.0%) |
| Renter Occupied HU | 73 (14.0%) |
| Vacant Housing Units | 42 ( 8.0%) |
| Median Home Value | $246,084 |
| Average Home Value | $293,618 |
Housing Distribution
Address Breakdown
Residential
400
Single Family
400
Multi-Family
0
Businesses
71
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices