203 Stonebridge PlColonaIL61241
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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 Colona at 203 Stonebridge Pl, Colona, IL, 61241 priced at $285,000 converts $2,191/mo rent into $3/mo cash flow after a $1,395/mo obligation. Total monthly income equals $2,191/mo, and annual cash flow totals $30/yr on $94,478 invested. Return on cash invested prints 19.94% in year one, and rental yield reads 9.23% against a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation compiles into $78,740 by year five. Five-year ROI reaches 104.98% and total cumulative return in cash sums $99,186. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,191/mo property income covering a $1,395/mo payment, not borrower’s personal income.
Single Family
Built in 2013
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61241, Colona, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,961 (100%) |
| Owner Occupied HU | 2,412 (81.5%) |
| Renter Occupied HU | 372 (12.6%) |
| Vacant Housing Units | 177 ( 6.0%) |
| Median Home Value | $170,370 |
| Average Home Value | $193,296 |
Housing Distribution
Address Breakdown
Residential
2,836
Single Family
2,836
Multi-Family
0
Businesses
118
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Listed by: Jinnie Riley • KW 1Advantage
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4261840
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.