2326 W Monica DrDunlapIL61525
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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 Dunlap at 2326 W Monica Dr, Dunlap, IL, 61525 generates $2,678/mo in rent, after a $2,203/mo payment. Total monthly income is $2,678/mo. Return on cash invested sits at 16.22% in year one, and rental yield is 7.14% on a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 84.1% and total cumulative return in cash sums $125,454. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,678/mo property income rather than buyer’s personal income.
Single Family
Built in 1996
0.31 Acres lot
$N/A/sqft
$175 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
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Listed by: Debra Redington • Jim Maloof Realty, Inc.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1257283
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.