210 W State StCherry ValleyIL61016
Nearby investment properties with comparable rents
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
Rental property for sale in Cherry Valley at 210 W State St, Cherry Valley, IL, 61016 priced at $225,000 pairs $1,662/mo rent with $102/mo cash flow after a $1,101/mo payment. Total monthly income equals $1,662/mo, and annual cash flow comes to $1,219/yr on $74,588 invested. Return on cash invested is 21.54% in year one, and rental yield stands at 8.86% on a $225,000 basis. Equity gained on principal adds $1,452/yr, and 5% annual appreciation accumulates to $62,163 by year five. Five-year ROI measures 112.6% and total cumulative return in cash reaches $83,985. For financing, Ziffy Mortgage’s DSCR program evaluates $1,662/mo property income against a $1,101/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1956
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61016, Cherry Valley, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,145 (100%) |
| Owner Occupied HU | 1,786 (83.3%) |
| Renter Occupied HU | 265 (12.4%) |
| Vacant Housing Units | 94 ( 4.4%) |
| Median Home Value | $237,085 |
| Average Home Value | $251,141 |
Housing Distribution
Address Breakdown
Residential
2,132
Single Family
2,034
Multi-Family
98
Businesses
120
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Listed by: Darin Spades • Keller Williams Realty Signature
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls ID: #202504435