352 Whispering Oaks DrGrovelandIL61535
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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 Groveland at 352 Whispering Oaks Dr, Groveland, IL, 61535 uses $66,267 cash to close to unlock $5,852/yr annual cash flow and $488/mo monthly cash flow. Total monthly income runs $1,903/mo, and a $978/mo payment keeps the spread at $488/mo. Purchase price stands at $199,900, and rental yield measures 11.42% with $1,903/mo rent. Return on cash invested shows 28.74% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 151.41% and total cumulative return in cash records $100,333. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,903/mo property income covering a $978/mo payment rather than investor’s personal income.
Single Family
Built in 1976
0.36 Acres lot
$N/A/sqft
$350 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61535, Groveland, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 762 (100%) |
| Owner Occupied HU | 684 (89.8%) |
| Renter Occupied HU | 35 ( 4.6%) |
| Vacant Housing Units | 43 ( 5.6%) |
| Median Home Value | $309,322 |
| Average Home Value | $316,473 |
Housing Distribution
Address Breakdown
Residential
626
Single Family
626
Multi-Family
0
Businesses
27
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Listed by: Kristine Kniep • RE/MAX Traders Unlimited
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1258650
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.