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
Rental property for sale in Makanda at 1720 Camp Cedar Point Ln, Makanda, IL, 62958 generates $1,100/mo in rent and, after a $680/mo payment, leaves $136/mo in cash flow. Total monthly income is $1,100/mo, and annual cash flow is $1,634/yr on $46,079 invested. Return on cash invested sits at 23.46% in year one, and rental yield is 9.5% on a $139,000 entry. Equity gained on principal adds $897/yr, while 5% annual appreciation builds toward $38,403 over five years. Five-year ROI reaches 122.94% and total cumulative return in cash sums $56,648. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,100/mo property income rather than buyer’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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