303 Lamplighter Loop SEPoplar GroveIL61065
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
Rental property for sale in Poplar Grove at 303 Lamplighter Loop SE, Poplar Grove, IL, 61065 priced at $250,000 pairs $2,386/mo rent with $523/mo cash flow after a $1,224/mo payment. Total monthly income equals $2,386/mo, and annual cash flow comes to $6,280/yr on $82,875 invested. Return on cash invested is 27.49% in year one, and rental yield stands at 11.45% on a $250,000 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,070 by year five. Five-year ROI measures 145.17% and total cumulative return in cash reaches $120,310. For financing, Ziffy Mortgage’s DSCR program evaluates $2,386/mo property income against a $1,224/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1992
0.25 Acres lot
$N/A/sqft
$1,539 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61065, Poplar Grove, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,132 (100%) |
| Owner Occupied HU | 3,437 (83.2%) |
| Renter Occupied HU | 478 (11.6%) |
| Vacant Housing Units | 217 ( 5.3%) |
| Median Home Value | $228,564 |
| Average Home Value | $271,308 |
Housing Distribution
Address Breakdown
Residential
3,898
Single Family
3,898
Multi-Family
0
Businesses
124
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tammy Potter Behling • Keller Williams Realty Signature
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202503043
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.