1520 S Main St,Jacksonville,IL,62650

Investment Highlights

Rental property for sale in Jacksonville at 1520 S Main St, Jacksonville, IL, 62650 offers $2,182/mo rent that, after a $783/mo payment, leaves $1,072/mo cash flow. Total monthly income is $2,182/mo, and annual cash flow is $12,868/yr on $53,040 cash. Return on cash invested measures 44.17% in year one, and rental yield stands at 16.36% at a $160,000 entry. Equity gained on principal adds $1,032/yr while 5% annual appreciation compounds into $44,205 by year five. Five-year ROI records 233.96% and total cumulative return in cash reaches $124,094. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,182/mo property income versus a $783/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.