3971 E Rock Grove RdOrangevilleIL61060
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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 Orangeville at 3971 E Rock Grove Rd, Orangeville, IL, 61060 generates $1,710/mo in rent and, after a $1,052/mo payment, leaves $219/mo in cash flow. Total monthly income is $1,710/mo, and annual cash flow is $2,628/yr on $71,273 invested. Return on cash invested sits at 23.6% in year one, and rental yield is 9.54% on a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 123.67% and total cumulative return in cash sums $88,141. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,710/mo property income rather than buyer’s personal income.
Single Family
Built in 1890
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61060, Orangeville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 645 (100%) |
| Owner Occupied HU | 475 (73.6%) |
| Renter Occupied HU | 112 (17.4%) |
| Vacant Housing Units | 58 ( 9.0%) |
| Median Home Value | $170,697 |
| Average Home Value | $214,311 |
Housing Distribution
Address Breakdown
Residential
440
Single Family
440
Multi-Family
0
Businesses
28
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Listed by: Kimberly Taylor, MRP • NextHome First Class
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12409581