208 Spring Bay DrJacksonvilleIL62650
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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
Investment property for sale in Jacksonville at 208 Spring Bay Dr, Jacksonville, IL, 62650 listed at $269,900 pairs $2,143/mo rent with a $1,321/mo payment to leave $262/mo cash flow. Total monthly income runs $2,143/mo, and annual cash flow reaches $3,144/yr on $89,472 cash to close. Return on cash invested measures 23.42% in year one, and rental yield registers 9.53% at a $269,900 basis. Equity gained on principal adds $1,742/yr, and annual property appreciation at 5% supports $74,568 by year five. Five-year ROI tracks 122.7% and total cumulative return in cash totals $109,782. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,143/mo property income relative to a $1,321/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1978
0.74 Acres lot
$N/A/sqft
$35 annually HOA
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Listed by: Judy Eoff • RE/MAX Results Plus
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1035028
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.