40 State Forest RdJonesboroIL62952
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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 Jonesboro at 40 State Forest Rd, Jonesboro, IL, 62952 generates $3,536/mo in rent and, after a $1,463/mo payment, leaves $1,463/mo in cash flow. Total monthly income is $3,536/mo, and annual cash flow is $17,550/yr on $99,119 invested. Return on cash invested sits at 37.62% in year one, and rental yield is 14.19% on a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 198.79% and total cumulative return in cash sums $197,038. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,536/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
3.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62952, Jonesboro, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,513 (100%) |
| Owner Occupied HU | 1,068 (70.6%) |
| Renter Occupied HU | 258 (17.1%) |
| Vacant Housing Units | 187 (12.4%) |
| Median Home Value | $155,978 |
| Average Home Value | $192,235 |
Housing Distribution
Address Breakdown
Residential
1,103
Single Family
1,103
Multi-Family
0
Businesses
79
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Listed by: Nancy Watkins • SHAWNEE HILLS REAL ESTATE, LLC
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB454438
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.