1551 Lake Wildwood DrVarnaIL61375
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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 Varna at 1551 Lake Wildwood Dr, Varna, IL, 61375 earns $229/mo cash flow from $1,915/mo rent with a $1,079/mo payment. Total monthly income totals $1,915/mo, and annual cash flow totals $2,751/yr on $73,063 capital. ROI tracks 23.67% on current figures, and rental yield reads 10.43% at a $220,400 purchase. Equity gained on principal adds $1,422/yr, and 5% annual appreciation supports $60,892 over five years. Five-year ROI reaches 125% and total cumulative return in cash sums $91,325. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,915/mo property income instead of your personal income.
Single Family
Built in 1978
1.75 Acres lot
$N/A/sqft
$129 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61375, Varna, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 803 (100%) |
| Owner Occupied HU | 461 (57.4%) |
| Renter Occupied HU | 60 ( 7.5%) |
| Vacant Housing Units | 282 (35.1%) |
| Median Home Value | $174,328 |
| Average Home Value | $215,873 |
Housing Distribution
Address Breakdown
Residential
458
Single Family
458
Multi-Family
0
Businesses
24
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