202 W Robinson StGoodfieldIL61742
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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 Goodfield at 202 W Robinson St, Goodfield, IL, 61742 generates $811/mo in rent, after a $974/mo payment. Total monthly income is $811/mo. Return on cash invested sits at 9.55% in year one, and rental yield is 4.89% on a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 48.3% and total cumulative return in cash sums $31,866. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $811/mo property income rather than buyer’s personal income.
Single Family
Built in 1938
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61742, Goodfield, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 522 (100%) |
| Owner Occupied HU | 407 (78.0%) |
| Renter Occupied HU | 73 (14.0%) |
| Vacant Housing Units | 42 ( 8.0%) |
| Median Home Value | $246,084 |
| Average Home Value | $293,618 |
Housing Distribution
Address Breakdown
Residential
400
Single Family
400
Multi-Family
0
Businesses
71
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Listed by: Renae Dietrich • RE/MAX Traders Unlimited
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1257349
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.