1660 Elmwood St, Jacksonville, IL, 62650 | $148/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Jacksonville at 1660 Elmwood St, Jacksonville, IL, 62650 uses $48,731 cash to close to unlock $1,774/yr annual cash flow and $148/mo monthly cash flow. Total monthly income runs $1,167/mo, and a $719/mo payment keeps the spread at $148/mo. Purchase price stands at $147,000, and rental yield measures 9.53% with $1,167/mo rent. Return on cash invested shows 23.55% in year one, and 5% annual appreciation builds toward $40,613 over five years. Five-year ROI reaches 123.35% and total cumulative return in cash records $60,108. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,167/mo property income covering a $719/mo payment rather than investor’s personal income.

Single Family

Built in 1963

9,150 sqft lot

$N/A/sqft

No HOA