15529 W Willow Creek RdElmwoodIL61529
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Elmwood at 15529 W Willow Creek Rd, Elmwood, IL, 61529 uses $149,175 cash to close to unlock $1,783/yr annual cash flow and $149/mo monthly cash flow. Total monthly income runs $3,287/mo, and a $2,203/mo payment keeps the spread at $149/mo. Purchase price stands at $450,000, and rental yield measures 8.77% with $3,287/mo rent. Return on cash invested shows 21.1% in year one, and 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 110.28% and total cumulative return in cash records $164,514. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,287/mo property income covering a $2,203/mo payment rather than investor’s personal income.
Single Family
Built in 1997
5.08 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61529, Elmwood, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,231 (100%) |
| Owner Occupied HU | 936 (76.0%) |
| Renter Occupied HU | 180 (14.6%) |
| Vacant Housing Units | 115 ( 9.3%) |
| Median Home Value | $200,773 |
| Average Home Value | $225,238 |
Housing Distribution
Address Breakdown
Residential
916
Single Family
916
Multi-Family
0
Businesses
68
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Troy Kerrn • Keller Williams Premier Realty
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1256291
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.