1701 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
Rental property for sale in South Jacksonville at 1701 S Diamond St, South Jacksonville, IL, 62650 priced at $253,000 converts $2,572/mo rent into $817/mo cash flow after a $1,238/mo obligation. Total monthly income equals $2,572/mo, and annual cash flow totals $9,809/yr on $83,870 invested. Return on cash invested prints 31.61% in year one, and rental yield reads 12.2% against a $253,000 entry. Equity gained on principal adds $1,633/yr, while 5% annual appreciation compiles into $69,899 by year five. Five-year ROI reaches 166.56% and total cumulative return in cash sums $139,696. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,572/mo property income covering a $1,238/mo payment, not borrower’s personal income.
Single Family
Built in 1910
0.78 Acres lot
$N/A/sqft
No HOA
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Listed by: Shawn Doerr • The Real Estate Group, Inc.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1031291
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