351 Springmeadow DrPoplar GroveIL61065
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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 Poplar Grove at 351 Springmeadow Dr, Poplar Grove, IL, 61065 earns $260/mo cash flow from $2,209/mo rent with a $1,346/mo payment. Total monthly income totals $2,209/mo, and annual cash flow totals $3,115/yr on $91,163 capital. ROI tracks 23.33% on current figures, and rental yield reads 9.64% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 122.35% and total cumulative return in cash sums $111,539. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,209/mo property income instead of your personal income.
Single Family
Built in 2004
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61065, Poplar Grove, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,132 (100%) |
| Owner Occupied HU | 3,437 (83.2%) |
| Renter Occupied HU | 478 (11.6%) |
| Vacant Housing Units | 217 ( 5.3%) |
| Median Home Value | $228,564 |
| Average Home Value | $271,308 |
Housing Distribution
Address Breakdown
Residential
3,898
Single Family
3,898
Multi-Family
0
Businesses
124
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Listed by: Cara Wells • Keller Williams Realty Signature
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202503400
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.