3116 State Highway 17New WindsorIL61465
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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
Investment property for sale in New Windsor at 3116 State Highway 17, New Windsor, IL, 61465 offers a 8.17% rental yield on a $390,000 purchase with $2,655/mo rent. 44% in year one. Equity gained on principal adds $2,517/yr while 5% annual appreciation supports $107,750 over five years. Portfolio math shows five-year ROI at 101.33% and total cumulative return in cash at $131,000. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,655/mo property income against a $1,909/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1890
11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61465, New Windsor, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 531 (100%) |
| Owner Occupied HU | 399 (75.1%) |
| Renter Occupied HU | 76 (14.3%) |
| Vacant Housing Units | 56 (10.5%) |
| Median Home Value | $136,012 |
| Average Home Value | $182,036 |
Housing Distribution
Address Breakdown
Residential
282
Single Family
282
Multi-Family
0
Businesses
31
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Listed by: Misael Chacon • Beycome brokerage realty, LLC
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4257179
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.