3058 Old 51 RdSandovalIL62882
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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 Sandoval at 3058 Old 51 Rd, Sandoval, IL, 62882 generates $1,726/mo in rent and, after a $905/mo payment, leaves $443/mo in cash flow. Total monthly income is $1,726/mo, and annual cash flow is $5,319/yr on $61,328 invested. Return on cash invested sits at 28.58% in year one, and rental yield is 11.2% on a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 150.4% and total cumulative return in cash sums $92,235. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,726/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62882, Sandoval, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 975 (100%) |
| Owner Occupied HU | 707 (72.5%) |
| Renter Occupied HU | 176 (18.1%) |
| Vacant Housing Units | 92 ( 9.4%) |
| Median Home Value | $106,458 |
| Average Home Value | $180,304 |
Housing Distribution
Address Breakdown
Residential
756
Single Family
756
Multi-Family
0
Businesses
45
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Listed by: Richard R Garnier • Midwest Farm & Land Co. LLC
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB455339
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.