21904 River Rd NCordovaIL61242
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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 Cordova at 21904 River Rd N, Cordova, IL, 61242 generates $2,680/mo in rent, after a $3,363/mo payment. Total monthly income is $2,680/mo. Return on cash invested sits at 8.99% in year one, and rental yield is 4.68% on a $687,100 entry. Equity gained on principal adds $4,434/yr, while 5% annual appreciation builds toward $189,833 over five years. Five-year ROI reaches 45.24% and total cumulative return in cash sums $102,274. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,680/mo property income rather than buyer’s personal income.
Single Family
Built in 1995
1.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61242, Cordova, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 540 (100%) |
| Owner Occupied HU | 396 (73.3%) |
| Renter Occupied HU | 81 (15.0%) |
| Vacant Housing Units | 63 (11.7%) |
| Median Home Value | $253,846 |
| Average Home Value | $291,098 |
Housing Distribution
Address Breakdown
Residential
402
Single Family
402
Multi-Family
0
Businesses
23
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