2 Evergreen CtWilliamsvilleIL62693
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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 Williamsville at 2 Evergreen Ct, Williamsville, IL, 62693 priced at $250,000 converts $1,371/mo rent into after a $1,224/mo obligation. Total monthly income equals $1,371/mo. Return on cash invested prints 14.65% in year one, and rental yield reads 6.58% against a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,070 by year five. Five-year ROI reaches 75.62% and total cumulative return in cash sums $62,674. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,371/mo property income covering a $1,224/mo payment, not borrower’s personal income.
Single Family
Built in 1965
10,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62693, Williamsville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 769 (100%) |
| Owner Occupied HU | 602 (78.3%) |
| Renter Occupied HU | 101 (13.1%) |
| Vacant Housing Units | 66 ( 8.6%) |
| Median Home Value | $255,372 |
| Average Home Value | $263,526 |
Housing Distribution
Address Breakdown
Residential
544
Single Family
519
Multi-Family
25
Businesses
34
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Listed by: Melissa D Vorreyer • RE/MAX Professionals
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1037306
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.