2224 W Broadland DrDunlapIL61525
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 Dunlap at 2224 W Broadland Dr, Dunlap, IL, 61525 priced at $415,000 converts $4,681/mo rent into $1,779/mo cash flow after a $2,031/mo obligation. Total monthly income equals $4,681/mo, and annual cash flow totals $21,350/yr on $137,573 invested. Return on cash invested prints 35.43% in year one, and rental yield reads 13.54% against a $415,000 entry. Equity gained on principal adds $2,678/yr, while 5% annual appreciation compiles into $114,657 by year five. Five-year ROI reaches 187.14% and total cumulative return in cash sums $257,457. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,681/mo property income covering a $2,031/mo payment, not borrower’s personal income.
Single Family
Built in 2000
0.33 Acres lot
$N/A/sqft
$150 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61525, Dunlap, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,210 (100%) |
| Owner Occupied HU | 3,270 (77.7%) |
| Renter Occupied HU | 655 (15.6%) |
| Vacant Housing Units | 285 ( 6.8%) |
| Median Home Value | $330,207 |
| Average Home Value | $362,299 |
Housing Distribution
Address Breakdown
Residential
4,000
Single Family
3,890
Multi-Family
110
Businesses
102
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Wendy S Kolbus • RE/MAX Traders Unlimited
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1253057
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.