1508 W Meadowview DrDunlapIL61525
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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 Dunlap at 1508 W Meadowview Dr, Dunlap, IL, 61525 offers a 8.78% rental yield on a $349,900 purchase with $2,561/mo rent. Total monthly income registers $2,561/mo, and a $1,713/mo payment leaves $107/mo available for distribution. Annual cash flow reaches $1,285/yr on $115,992 to close, and return on cash invested stands at 21.02% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,671 over five years. Portfolio math shows five-year ROI at 109.9% and total cumulative return in cash at $127,470. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,561/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61525, Dunlap, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,210 (100%) |
| Owner Occupied HU | 3,270 (77.7%) |
| Renter Occupied HU | 655 (15.6%) |
| Vacant Housing Units | 285 ( 6.8%) |
| Median Home Value | $330,207 |
| Average Home Value | $362,299 |
Housing Distribution
Address Breakdown
Residential
4,000
Single Family
3,890
Multi-Family
110
Businesses
102
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Listed by: Ruchi Majety • Keller Williams Premier Realty
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1258874
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.