303 S Prairie AvePoloIL61064
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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 Polo at 303 S Prairie Ave, Polo, IL, 61064 offers $2,059/mo rent that, after a $1,297/mo payment, leaves $221/mo cash flow. Total monthly income is $2,059/mo, and annual cash flow is $2,651/yr on $87,848 cash. Return on cash invested measures 22.93% in year one, and rental yield stands at 9.32% at a $265,000 entry. Equity gained on principal adds $1,710/yr while 5% annual appreciation compounds into $73,215 by year five. Five-year ROI records 120.01% and total cumulative return in cash reaches $105,423. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,059/mo property income versus a $1,297/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61064, Polo, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,676 (100%) |
| Owner Occupied HU | 1,109 (66.2%) |
| Renter Occupied HU | 378 (22.6%) |
| Vacant Housing Units | 189 (11.3%) |
| Median Home Value | $157,083 |
| Average Home Value | $193,632 |
Housing Distribution
Address Breakdown
Residential
1,585
Single Family
1,551
Multi-Family
34
Businesses
113
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