303 S Jackson StGardnerIL60424
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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
Rental property for sale in Gardner at 303 S Jackson St, Gardner, IL, 60424 priced at $129,900 converts $998/mo rent into $97/mo cash flow after a $636/mo obligation. Total monthly income equals $998/mo, and annual cash flow totals $1,161/yr on $43,062 invested. Return on cash invested prints 22.61% in year one, and rental yield reads 9.22% against a $129,900 entry. Equity gained on principal adds $838/yr, while 5% annual appreciation compiles into $35,889 by year five. Five-year ROI reaches 118.31% and total cumulative return in cash sums $50,947. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $998/mo property income covering a $636/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60424, Gardner, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,079 (100%) |
| Owner Occupied HU | 726 (67.3%) |
| Renter Occupied HU | 269 (24.9%) |
| Vacant Housing Units | 84 ( 7.8%) |
| Median Home Value | $202,614 |
| Average Home Value | $230,696 |
Housing Distribution
Address Breakdown
Residential
853
Single Family
818
Multi-Family
35
Businesses
54
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