1903 S East 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 1903 S East St, South Jacksonville, IL, 62650 generates $878/mo in rent and, after a $562/mo payment, leaves $81/mo in cash flow. Total monthly income is $878/mo, and annual cash flow is $977/yr on $38,089 invested. Return on cash invested sits at 22.47% in year one, and rental yield is 9.17% on a $114,900 entry. Equity gained on principal adds $741/yr, while 5% annual appreciation builds toward $31,745 over five years. Five-year ROI reaches 117.68% and total cumulative return in cash sums $44,822. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $878/mo property income rather than buyer’s personal income.
Single Family
Built in 1954
6,794 sqft lot
$N/A/sqft
No HOA
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Listed by: Logan Dunaway • RE/MAX Results Plus
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1037542
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.