1606 S West StJacksonvilleIL62650
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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
Rental property for sale in Jacksonville at 1606 S West St, Jacksonville, IL, 62650 priced at $107,900 converts $1,799/mo rent into $1,051/mo cash flow after a $528/mo obligation. Total monthly income equals $1,799/mo, and annual cash flow totals $12,608/yr on $35,769 invested. Return on cash invested prints 55.16% in year one, and rental yield reads 20.01% against a $107,900 entry. Equity gained on principal adds $696/yr, while 5% annual appreciation compiles into $29,811 by year five. Five-year ROI reaches 292.88% and total cumulative return in cash sums $104,760. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,799/mo property income covering a $528/mo payment, not borrower’s personal income.
Single Family
Built in 1956
9,000 sqft lot
$N/A/sqft
No HOA
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Listed by: Sueann Mullen • RE/MAX Results Plus
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1031804
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.