204 Carson DrPoplar GroveIL61065
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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 Poplar Grove at 204 Carson Dr, Poplar Grove, IL, 61065 offers $2,233/mo rent that, after a $1,395/mo payment, leaves $211/mo cash flow. Total monthly income is $2,233/mo, and annual cash flow is $2,532/yr on $94,478 cash. Return on cash invested measures 22.59% in year one, and rental yield stands at 9.4% at a $285,000 entry. Equity gained on principal adds $1,839/yr while 5% annual appreciation compounds into $78,740 by year five. Five-year ROI records 118.38% and total cumulative return in cash reaches $111,846. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,233/mo property income versus a $1,395/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61065, Poplar Grove, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,132 (100%) |
| Owner Occupied HU | 3,437 (83.2%) |
| Renter Occupied HU | 478 (11.6%) |
| Vacant Housing Units | 217 ( 5.3%) |
| Median Home Value | $228,564 |
| Average Home Value | $271,308 |
Housing Distribution
Address Breakdown
Residential
3,898
Single Family
3,898
Multi-Family
0
Businesses
124
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Listed by: Travis Mohr • Keller Williams Realty Signature
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202503177
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.