392 W Shirley LnRichviewIL62877
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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 Richview at 392 W Shirley Ln, Richview, IL, 62877 priced at $150,000 pairs $1,145/mo rent with $105/mo cash flow after a $734/mo payment. Total monthly income equals $1,145/mo, and annual cash flow comes to $1,257/yr on $49,725 invested. Return on cash invested is 22.44% in year one, and rental yield stands at 9.16% on a $150,000 basis. Equity gained on principal adds $968/yr, and 5% annual appreciation accumulates to $41,442 by year five. Five-year ROI measures 117.39% and total cumulative return in cash reaches $58,374. For financing, Ziffy Mortgage’s DSCR program evaluates $1,145/mo property income against a $734/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2004
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62877, Richview, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 206 (100%) |
| Owner Occupied HU | 157 (76.2%) |
| Renter Occupied HU | 33 (16.0%) |
| Vacant Housing Units | 16 ( 7.8%) |
| Median Home Value | $153,693 |
| Average Home Value | $174,777 |
Housing Distribution
Address Breakdown
Residential
188
Single Family
188
Multi-Family
0
Businesses
12
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Listed by: Dee Ann Arey • Midwest Farm & Land Co. LLC
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB457322
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.