3048 Merseyshire LnMachesney ParkIL61115
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
Investment property for sale in Machesney Park at 3048 Merseyshire Ln, Machesney Park, IL, 61115 uses $99,417 cash to close to unlock $4,856/yr annual cash flow and $405/mo monthly cash flow. Total monthly income runs $2,485/mo, and a $1,468/mo payment keeps the spread at $405/mo. Purchase price stands at $299,900, and rental yield measures 9.94% with $2,485/mo rent. Return on cash invested shows 24.79% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 130.03% and total cumulative return in cash records $129,268. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,485/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 2009
9,344 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61115, Machesney Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,397 (100%) |
| Owner Occupied HU | 6,792 (72.3%) |
| Renter Occupied HU | 2,091 (22.3%) |
| Vacant Housing Units | 514 ( 5.5%) |
| Median Home Value | $183,819 |
| Average Home Value | $195,776 |
Housing Distribution
Address Breakdown
Residential
9,345
Single Family
9,157
Multi-Family
188
Businesses
534
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nicholas Carter • Keller Williams Realty Signature
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12444418