1507 Golfview Rd UNIT 1507RantoulIL61866
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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 Rantoul at 1507 Golfview Rd UNIT 1507, Rantoul, IL, 61866 uses $39,747 cash to close to unlock $1,262/yr annual cash flow and $105/mo monthly cash flow. Total monthly income runs $937/mo, and a $587/mo payment keeps the spread at $105/mo. Purchase price stands at $119,900, and rental yield measures 9.38% with $937/mo rent. Return on cash invested shows 23.09% in year one, and 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 120.97% and total cumulative return in cash records $48,084. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $937/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1958
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61866, Rantoul, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,195 (100%) |
| Owner Occupied HU | 3,003 (48.5%) |
| Renter Occupied HU | 2,516 (40.6%) |
| Vacant Housing Units | 676 (10.9%) |
| Median Home Value | $130,914 |
| Average Home Value | $163,816 |
Housing Distribution
Address Breakdown
Residential
5,881
Single Family
5,499
Multi-Family
382
Businesses
424
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