1617 S Clay AveSouth JacksonvilleIL62650
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 South Jacksonville at 1617 S Clay Ave, South Jacksonville, IL, 62650 uses $52,709 cash to close to unlock $2,068/yr annual cash flow and $172/mo monthly cash flow. Total monthly income runs $1,275/mo, and a $778/mo payment keeps the spread at $172/mo. Purchase price stands at $159,000, and rental yield measures 9.62% with $1,275/mo rent. Return on cash invested shows 23.83% in year one, and 5% annual appreciation builds toward $43,929 over five years. Five-year ROI reaches 124.94% and total cumulative return in cash records $65,856. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,275/mo property income covering a $778/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.39 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Scott T Eoff • RE/MAX Results Plus
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1036787
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.