16517 Spangler RdPlainfieldIL60586
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Rental property for sale in Plainfield at 16517 Spangler Rd, Plainfield, IL, 60586 generates $0/mo in rent, after a $1,955/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -5.2% in year one, and rental yield is 0% on a $399,500 entry. Equity gained on principal adds $2,578/yr, while 5% annual appreciation builds toward $110,374 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
10,454 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Kristine Glockler, ABR,e-PRO,PSA,RENE • Coldwell Banker Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12523870