302 Mockingbird LnLe RoyIL61752
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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
Rental property for sale in Le Roy at 302 Mockingbird Ln, Le Roy, IL, 61752 priced at $310,000 pairs $2,904/mo rent with $754/mo cash flow after a $1,517/mo payment. Total monthly income equals $2,904/mo, and annual cash flow comes to $9,049/yr on $102,765 invested. Return on cash invested is 28.71% in year one, and rental yield stands at 11.24% on a $310,000 basis. Equity gained on principal adds $2,000/yr, and 5% annual appreciation accumulates to $85,647 by year five. Five-year ROI measures 151.09% and total cumulative return in cash reaches $155,263. For financing, Ziffy Mortgage’s DSCR program evaluates $2,904/mo property income against a $1,517/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1994
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61752, Le Roy, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,879 (100%) |
| Owner Occupied HU | 1,425 (75.8%) |
| Renter Occupied HU | 346 (18.4%) |
| Vacant Housing Units | 108 ( 5.7%) |
| Median Home Value | $192,472 |
| Average Home Value | $221,188 |
Housing Distribution
Address Breakdown
Residential
1,798
Single Family
1,744
Multi-Family
54
Businesses
142
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