1620 Lakeview Ter,Jacksonville,IL,62650

Investment Highlights

Rental property for sale in Jacksonville at 1620 Lakeview Ter, Jacksonville, IL, 62650 generates $870/mo in rent and, after a $551/mo payment, leaves $89/mo in cash flow. Total monthly income is $870/mo, and annual cash flow is $1,072/yr on $37,294 invested. Return on cash invested sits at 22.78% in year one, and rental yield is 9.28% on a $112,500 entry. Equity gained on principal adds $726/yr, while 5% annual appreciation builds toward $31,082 over five years. Five-year ROI reaches 119.32% and total cumulative return in cash sums $44,500. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $870/mo property income rather than buyer’s personal income.