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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Monee at 26745 S Wildgrass Turn, Monee, IL, 60449 generates $2,160/mo in rent, after a $2,932/mo payment. Total monthly income is $2,160/mo. Return on cash invested sits at 7.2% in year one, and rental yield is 4.33% on a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 35.93% and total cumulative return in cash sums $70,810. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,160/mo property income rather than buyer’s personal income.
Single Family
Built in 2011
1.21 Acres lot
$N/A/sqft
$1,400 annually HOA
Date | Event | Price |
|---|---|---|
| 2024-09-12 | Listed for sale | $599,000 |
| 2011-06-02 | Sold | $40,000 |
| 2005-02-25 | Sold | $51,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2022-09-14 | $8604.14 | 3.65% | $151,808 | 7.50% |
| 2021-09-14 | $8301.52 | 0.17% | $141,217 | 2.23% |
| 2020-09-14 | $8287.44 | 14.71% | $138,136 | 1.40% |
Listed by: Gregory Wallace • The Wallace Real Estate Group, INC.
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12153328
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)
