208 Locust StJacksonvilleIL62650
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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 Jacksonville at 208 Locust St, Jacksonville, IL, 62650 offers $1,420/mo rent that, after a $732/mo payment, leaves $383/mo cash flow. Total monthly income is $1,420/mo, and annual cash flow is $4,593/yr on $49,559 cash. Return on cash invested measures 29.18% in year one, and rental yield stands at 11.4% at a $149,500 entry. Equity gained on principal adds $965/yr while 5% annual appreciation compounds into $41,304 by year five. Five-year ROI records 153.52% and total cumulative return in cash reaches $76,085. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,420/mo property income versus a $732/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
10,325 sqft lot
$N/A/sqft
No HOA
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Listed by: Shawn Doerr • The Real Estate Group, Inc.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1036190
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.