206 N Court StFlanaganIL61740
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Nearby investment properties with comparable prices
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
Investment property for sale in Flanagan at 206 N Court St, Flanagan, IL, 61740 with 5% annual appreciation on a $115,000 basis while $919/mo rent supports operations. Total monthly income totals $919/mo and a $563/mo payment preserves $121/mo for cash returns. Annual cash flow comes to $1,454/yr on $38,123 deployed, and return on cash invested reaches 23.72% in year one. Equity gained on principal adds $742/yr, and five-year appreciation sums $31,772 alongside rental yield of 9.59%. Five-year ROI measures 124.39% and total cumulative return in cash totals $47,421.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $919/mo property income versus a $563/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1976
5,720 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61740, Flanagan, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 691 (100%) |
| Owner Occupied HU | 481 (69.6%) |
| Renter Occupied HU | 117 (16.9%) |
| Vacant Housing Units | 93 (13.5%) |
| Median Home Value | $159,604 |
| Average Home Value | $172,853 |
Housing Distribution
Address Breakdown
Residential
485
Single Family
485
Multi-Family
0
Businesses
53
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