21 Cedar Crest LnMakandaIL62958
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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 Makanda at 21 Cedar Crest Ln, Makanda, IL, 62958 earns $605/mo cash flow from $2,519/mo rent with a $1,351/mo payment. Total monthly income totals $2,519/mo, and annual cash flow totals $7,254/yr on $91,494 capital. ROI tracks 27.84% on current figures, and rental yield reads 10.95% at a $276,000 purchase. Equity gained on principal adds $1,781/yr, and 5% annual appreciation supports $76,254 over five years. Five-year ROI reaches 146.36% and total cumulative return in cash sums $133,909. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,519/mo property income instead of your personal income.
Single Family
Built in 1988
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62958, Makanda, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,058 (100%) |
| Owner Occupied HU | 754 (71.3%) |
| Renter Occupied HU | 172 (16.3%) |
| Vacant Housing Units | 132 (12.5%) |
| Median Home Value | $195,833 |
| Average Home Value | $244,290 |
Housing Distribution
Address Breakdown
Residential
1,010
Single Family
1,010
Multi-Family
0
Businesses
47
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Listed by: LINDA HOLT • C21 HOUSE OF REALTY, INC. CD
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB457676
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.