2517 Cherrybark LnFloraIL62839
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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 Flora at 2517 Cherrybark Ln, Flora, IL, 62839 earns $547/mo cash flow from $2,344/mo rent with a $1,268/mo payment. Total monthly income totals $2,344/mo, and annual cash flow totals $6,566/yr on $85,859 capital. ROI tracks 27.56% on current figures, and rental yield reads 10.86% at a $259,000 purchase. Equity gained on principal adds $1,671/yr, and 5% annual appreciation supports $71,557 over five years. Five-year ROI reaches 144.88% and total cumulative return in cash sums $124,396. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,344/mo property income instead of your personal income.
Single Family
Built in 2013
4.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62839, Flora, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,983 (100%) |
| Owner Occupied HU | 1,974 (66.2%) |
| Renter Occupied HU | 691 (23.2%) |
| Vacant Housing Units | 318 (10.7%) |
| Median Home Value | $120,905 |
| Average Home Value | $192,720 |
Housing Distribution
Address Breakdown
Residential
2,776
Single Family
2,726
Multi-Family
50
Businesses
312
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