408 N Laurel DrJacksonvilleIL62650
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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 Jacksonville at 408 N Laurel Dr, Jacksonville, IL, 62650 with 5% annual appreciation on a $143,000 basis while $1,117/mo rent supports operations. Total monthly income totals $1,117/mo and a $700/mo payment preserves $125/mo for cash returns. Annual cash flow comes to $1,500/yr on $47,405 deployed, and return on cash invested reaches 23.07% in year one. Equity gained on principal adds $923/yr, and five-year appreciation sums $39,508 alongside rental yield of 9.37%. Five-year ROI measures 120.91% and total cumulative return in cash totals $57,316.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,117/mo property income versus a $700/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
9,882 sqft lot
$N/A/sqft
No HOA
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Listed by: Scott T Eoff • RE/MAX Results Plus
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1036323
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