223 N Shore PlDahindaIL61428
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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 Dahinda at 223 N Shore Pl, Dahinda, IL, 61428 offers $1,980/mo rent that, after a $2,442/mo payment. Total monthly income is $1,980/mo. Return on cash invested measures 9.17% in year one, and rental yield stands at 4.76% at a $499,000 entry. Equity gained on principal adds $3,220/yr while 5% annual appreciation compounds into $137,865 by year five. Five-year ROI records 46.23% and total cumulative return in cash reaches $76,470. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,980/mo property income versus a $2,442/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61428, Dahinda, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 930 (100%) |
| Owner Occupied HU | 457 (49.1%) |
| Renter Occupied HU | 28 ( 3.0%) |
| Vacant Housing Units | 445 (47.8%) |
| Median Home Value | $254,310 |
| Average Home Value | $285,711 |
Housing Distribution
Address Breakdown
Residential
576
Single Family
576
Multi-Family
0
Businesses
15
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