348 Medlin RdWalnut HillIL62893
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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 Walnut Hill at 348 Medlin Rd, Walnut Hill, IL, 62893 priced at $288,000 pairs $2,466/mo rent with $468/mo cash flow after a $1,410/mo payment. Total monthly income equals $2,466/mo, and annual cash flow comes to $5,616/yr on $95,472 invested. Return on cash invested is 25.79% in year one, and rental yield stands at 10.27% on a $288,000 basis. Equity gained on principal adds $1,858/yr, and 5% annual appreciation accumulates to $79,569 by year five. Five-year ROI measures 135.36% and total cumulative return in cash reaches $129,228. For financing, Ziffy Mortgage’s DSCR program evaluates $2,466/mo property income against a $1,410/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1994
15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62893, Walnut Hill, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 422 (100%) |
| Owner Occupied HU | 351 (83.2%) |
| Renter Occupied HU | 34 ( 8.1%) |
| Vacant Housing Units | 37 ( 8.8%) |
| Median Home Value | $167,130 |
| Average Home Value | $181,225 |
Housing Distribution
Address Breakdown
Residential
389
Single Family
389
Multi-Family
0
Businesses
16
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Listed by: Darlene M Baltzell • Rod Snow, INC.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB458655
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.