1612 S East 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
Investment property for sale in Jacksonville at 1612 S East St, Jacksonville, IL, 62650 uses $34,774 cash to close to unlock $1,150/yr annual cash flow and $96/mo monthly cash flow. Total monthly income runs $823/mo, and a $513/mo payment keeps the spread at $96/mo. Purchase price stands at $104,900, and rental yield measures 9.41% with $823/mo rent. Return on cash invested shows 23.22% in year one, and 5% annual appreciation builds toward $28,982 over five years. Five-year ROI reaches 121.56% and total cumulative return in cash records $42,270. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $823/mo property income covering a $513/mo payment rather than investor’s personal income.
Single Family
Built in 1930
0.39 Acres lot
$N/A/sqft
No HOA
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Listed by: Scott T Eoff • RE/MAX Results Plus
Mls Name: RMLS Alliance
Mls ID: #CA1041351