1720 Camp Cedar Point LnMAKANDAIL62958
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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 MAKANDA at 1720 Camp Cedar Point Ln, MAKANDA, IL, 62958 uses $46,079 cash to close to unlock $1,814/yr annual cash flow and $151/mo monthly cash flow. Total monthly income runs $1,115/mo, and a $680/mo payment keeps the spread at $151/mo. Purchase price stands at $139,000, and rental yield measures 9.63% with $1,115/mo rent. Return on cash invested shows 23.85% in year one, and 5% annual appreciation builds toward $38,403 over five years. Five-year ROI reaches 125% and total cumulative return in cash records $57,596. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,115/mo property income covering a $680/mo payment rather than investor’s personal income.
Single Family
Built in 1964
2.11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62958, Makanda, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,058 (100%) |
| Owner Occupied HU | 754 (71.3%) |
| Renter Occupied HU | 172 (16.3%) |
| Vacant Housing Units | 132 (12.5%) |
| Median Home Value | $195,833 |
| Average Home Value | $244,290 |
Housing Distribution
Address Breakdown
Residential
1,010
Single Family
1,010
Multi-Family
0
Businesses
47
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