216 S Mine StSandovalIL62882
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 Sandoval at 216 S Mine St, Sandoval, IL, 62882 priced at $146,500 converts $1,151/mo rent into $135/mo cash flow after a $717/mo obligation. Total monthly income equals $1,151/mo, and annual cash flow totals $1,619/yr on $48,565 invested. Return on cash invested prints 23.24% in year one, and rental yield reads 9.43% against a $146,500 entry. Equity gained on principal adds $945/yr, while 5% annual appreciation compiles into $40,475 by year five. Five-year ROI reaches 121.69% and total cumulative return in cash sums $59,099. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,151/mo property income covering a $717/mo payment, not borrower’s personal income.
Single Family
Built in 1938
8,110 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62882, Sandoval, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 975 (100%) |
| Owner Occupied HU | 707 (72.5%) |
| Renter Occupied HU | 176 (18.1%) |
| Vacant Housing Units | 92 ( 9.4%) |
| Median Home Value | $106,458 |
| Average Home Value | $180,304 |
Housing Distribution
Address Breakdown
Residential
756
Single Family
756
Multi-Family
0
Businesses
45
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices