297 Macallen Lake RdCarlockIL61725
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
Investment property for sale in Carlock at 297 Macallen Lake Rd, Carlock, IL, 61725 at $264,900 posts ROI 22.29% with $174/mo cash flow from $2,012/mo rent. Total monthly income equals $2,012/mo, and annual cash flow records $2,090/yr on $87,814 to close. Return on cash invested measures 22.29% and rental yield reads 9.11% at the current $264,900. Equity gained on principal adds $1,709/yr, and 5% annual appreciation supports $73,187 by year five. Five-year ROI prints 116.63% and total cumulative return in cash totals $102,416.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,012/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2000
2.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61725, Carlock, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 715 (100%) |
| Owner Occupied HU | 600 (83.9%) |
| Renter Occupied HU | 63 ( 8.8%) |
| Vacant Housing Units | 52 ( 7.3%) |
| Median Home Value | $337,615 |
| Average Home Value | $343,650 |
Housing Distribution
Address Breakdown
Residential
554
Single Family
554
Multi-Family
0
Businesses
36
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices