15623 Sienna Ct #0South BeloitIL61080
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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 South Beloit at 15623 Sienna Ct #0, South Beloit, IL, 61080 uses $58,311 cash to close to unlock $1,222/yr annual cash flow and $102/mo monthly cash flow. Total monthly income runs $1,322/mo, and a $861/mo payment keeps the spread at $102/mo. Purchase price stands at $175,900, and rental yield measures 9.02% with $1,322/mo rent. Return on cash invested shows 22.01% in year one, and 5% annual appreciation builds toward $48,598 over five years. Five-year ROI reaches 115.06% and total cumulative return in cash records $67,093. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,322/mo property income covering a $861/mo payment rather than investor’s personal income.
Condo
Built in 2008
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61080, South Beloit, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,686 (100%) |
| Owner Occupied HU | 3,293 (70.3%) |
| Renter Occupied HU | 1,040 (22.2%) |
| Vacant Housing Units | 353 ( 7.5%) |
| Median Home Value | $195,268 |
| Average Home Value | $228,383 |
Housing Distribution
Address Breakdown
Residential
4,437
Single Family
4,253
Multi-Family
184
Businesses
307
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Listed by: Vickie Krueger • Dickerson & Nieman Realtors - Rockford
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12514891