334 Northway Park Rd APT 5Machesney ParkIL61115
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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 Machesney Park at 334 Northway Park Rd APT 5, Machesney Park, IL, 61115 listed at $139,900 pairs $1,109/mo rent with a $685/mo payment to leave $138/mo cash flow. Total monthly income runs $1,109/mo, and annual cash flow reaches $1,660/yr on $46,377 cash to close. Return on cash invested measures 23.49% in year one, and rental yield registers 9.51% at a $139,900 basis. Equity gained on principal adds $903/yr, and annual property appreciation at 5% supports $38,652 by year five. Five-year ROI tracks 123.12% and total cumulative return in cash totals $57,099. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,109/mo property income relative to a $685/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1970
N/A 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
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Nearby investment properties with comparable prices
Listed by: Rose Schlickman • Key Realty - Rockford
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12500011