312 School StWilsonvilleIL62093
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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 Wilsonville at 312 School St, Wilsonville, IL, 62093 offers a 10.38% rental yield on a $124,900 purchase with $1,080/mo rent. Total monthly income registers $1,080/mo, and a $611/mo payment leaves $214/mo available for distribution. Annual cash flow reaches $2,568/yr on $41,404 to close, and return on cash invested stands at 26.11% in year one. Equity gained on principal adds $806/yr while 5% annual appreciation supports $34,508 over five years. Portfolio math shows five-year ROI at 137.05% and total cumulative return in cash at $56,746. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,080/mo property income against a $611/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1949
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62093, Wilsonville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 230 (100%) |
| Owner Occupied HU | 162 (70.4%) |
| Renter Occupied HU | 43 (18.7%) |
| Vacant Housing Units | 25 (10.9%) |
| Median Home Value | $172,917 |
| Average Home Value | $188,596 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
7
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Listed by: Curtis Schalk • Cisler & Associates Real Estate
Mls Name: MARIS
Mls ID: #26000147