1630 S Diamond StSouth JacksonvilleIL62650
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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 Jacksonville at 1630 S Diamond St, South Jacksonville, IL, 62650 uses $36,134 cash to close to unlock $3,065/yr annual cash flow and $255/mo monthly cash flow. Total monthly income runs $1,012/mo, and a $534/mo payment keeps the spread at $255/mo. Purchase price stands at $109,000, and rental yield measures 11.14% with $1,012/mo rent. Return on cash invested shows 28.39% in year one, and 5% annual appreciation builds toward $30,115 over five years. Five-year ROI reaches 149.37% and total cumulative return in cash records $53,974. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,012/mo property income covering a $534/mo payment rather than investor’s personal income.
Single Family
Built in 1954
6,600 sqft lot
$N/A/sqft
No HOA
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Listed by: Scott T Eoff • RE/MAX Results Plus
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1037409
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