236 Meadowlark LnSandwichIL60548
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 Sandwich at 236 Meadowlark Ln, Sandwich, IL, 60548 priced at $115,000 converts $2,032/mo rent into $1,234/mo cash flow after a $563/mo obligation. Total monthly income equals $2,032/mo, and annual cash flow totals $14,810/yr on $38,123 invested. Return on cash invested prints 58.76% in year one, and rental yield reads 21.2% against a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation compiles into $31,772 by year five. Five-year ROI reaches 312.28% and total cumulative return in cash sums $119,049. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,032/mo property income covering a $563/mo payment, not borrower’s personal income.
Manufactured
Built in 1996
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Malanie Moreno • Keller Williams Innovate - Aurora
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12127436
Disclaimer: Based on information submitted to the MLS GRID as of 2024-02-07 09:06:36 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_17)