3-3A63 General Lee DrApple RiverIL61001
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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
Total monthly income runs $1,796/mo, and a $1,512/mo payment. Purchase price stands at $309,000, and rental yield measures 6.97% with $1,796/mo rent. Return on cash invested shows 14.52% in year one, and 5% annual appreciation builds toward $85,371 over five years. Five-year ROI reaches 75.39% and total cumulative return in cash records $77,225. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,796/mo property income covering a $1,512/mo payment rather than investor’s personal income.
Single Family
Built in 1975
0.34 Acres lot
$N/A/sqft
$1,360 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61001, Apple River, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,227 (100%) |
| Owner Occupied HU | 460 (37.5%) |
| Renter Occupied HU | 69 ( 5.6%) |
| Vacant Housing Units | 698 (56.9%) |
| Median Home Value | $248,148 |
| Average Home Value | $272,304 |
Housing Distribution
Address Breakdown
Residential
704
Single Family
696
Multi-Family
8
Businesses
23
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Listed by: Michelle Bass • Dc Rise Real Estate
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202502283
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