244 E Oak Grove RdLeaf RiverIL61047
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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
Investment property for sale in Leaf River at 244 E Oak Grove Rd, Leaf River, IL, 61047 listed at $549,000 pairs $2,846/mo rent with a $2,687/mo payment. Total monthly income runs $2,846/mo. Return on cash invested measures 13.67% in year one, and rental yield registers 6.22% at a $549,000 basis. Equity gained on principal adds $3,543/yr, and annual property appreciation at 5% supports $151,679 by year five. Five-year ROI tracks 70.36% and total cumulative return in cash totals $127,088. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,846/mo property income relative to a $2,687/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2012
7 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61047, Leaf River, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 741 (100%) |
| Owner Occupied HU | 518 (69.9%) |
| Renter Occupied HU | 125 (16.9%) |
| Vacant Housing Units | 98 (13.2%) |
| Median Home Value | $244,286 |
| Average Home Value | $267,264 |
Housing Distribution
Address Breakdown
Residential
579
Single Family
579
Multi-Family
0
Businesses
29
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Listed by: Rebecca Hazzard • Re/Max Of Rock Valley
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202500597
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.