1504 Amber DrWilmingtonIL60481
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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 Wilmington at 1504 Amber Dr, Wilmington, IL, 60481 generates $2,224/mo in rent and, after a $1,468/mo payment, leaves $144/mo in cash flow. Total monthly income is $2,224/mo, and annual cash flow is $1,722/yr on $99,450 invested. Return on cash invested sits at 21.64% in year one, and rental yield is 8.9% on a $300,000 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 113.12% and total cumulative return in cash sums $112,500. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,224/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60481, Wilmington, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,847 (100%) |
| Owner Occupied HU | 3,940 (67.4%) |
| Renter Occupied HU | 1,080 (18.5%) |
| Vacant Housing Units | 827 (14.1%) |
| Median Home Value | $330,893 |
| Average Home Value | $359,001 |
Housing Distribution
Address Breakdown
Residential
5,124
Single Family
4,953
Multi-Family
171
Businesses
329
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Listed by: N/A • N/A
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