340 Tree LnProphetstownIL61277
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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 Prophetstown at 340 Tree Ln, Prophetstown, IL, 61277 with 5% annual appreciation on a $219,000 basis while $1,526/mo rent supports operations. Total monthly income totals $1,526/mo and a $1,072/mo payment preserves $7/mo for cash returns. Annual cash flow comes to $82/yr on $72,599 deployed, and return on cash invested reaches 20.02% in year one. Equity gained on principal adds $1,413/yr, and five-year appreciation sums $60,506 alongside rental yield of 8.36%. Five-year ROI measures 104.43% and total cumulative return in cash totals $75,813.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,526/mo property income versus a $1,072/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61277, Prophetstown, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,475 (100%) |
| Owner Occupied HU | 1,053 (71.4%) |
| Renter Occupied HU | 252 (17.1%) |
| Vacant Housing Units | 170 (11.5%) |
| Median Home Value | $164,983 |
| Average Home Value | $205,166 |
Housing Distribution
Address Breakdown
Residential
1,340
Single Family
1,312
Multi-Family
28
Businesses
98
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Listed by: Suzette Hanover • Leonard Real Estate
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12435660