231 N Willis DrStocktonIL61085
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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 Stockton at 231 N Willis Dr, Stockton, IL, 61085 priced at $227,500 converts $1,864/mo rent into $287/mo cash flow after a $1,114/mo obligation. Total monthly income equals $1,864/mo, and annual cash flow totals $3,438/yr on $75,416 invested. Return on cash invested prints 24.47% in year one, and rental yield reads 9.83% against a $227,500 entry. Equity gained on principal adds $1,468/yr, while 5% annual appreciation compiles into $62,854 by year five. Five-year ROI reaches 128.3% and total cumulative return in cash sums $96,758. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,864/mo property income covering a $1,114/mo payment, not borrower’s personal income.
Single Family
Built in 1958
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61085, Stockton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,689 (100%) |
| Owner Occupied HU | 1,132 (67.0%) |
| Renter Occupied HU | 287 (17.0%) |
| Vacant Housing Units | 270 (16.0%) |
| Median Home Value | $150,763 |
| Average Home Value | $188,500 |
Housing Distribution
Address Breakdown
Residential
1,436
Single Family
1,407
Multi-Family
29
Businesses
149
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