408 Sheridan DrMachesney ParkIL61111
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Nearby investment properties with comparable prices
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 Machesney Park at 408 Sheridan Dr, Machesney Park, IL, 61111 at $140,500 posts ROI 36.38% with $639/mo cash flow from $1,614/mo rent. Total monthly income equals $1,614/mo, and annual cash flow records $7,670/yr on $46,576 to close. Return on cash invested measures 36.38% and rental yield reads 13.79% at the current $140,500. Equity gained on principal adds $907/yr, and 5% annual appreciation supports $38,818 by year five. Five-year ROI prints 192.2% and total cumulative return in cash totals $89,519.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,614/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1945
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61111, Loves Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,578 (100%) |
| Owner Occupied HU | 6,876 (65.0%) |
| Renter Occupied HU | 3,248 (30.7%) |
| Vacant Housing Units | 454 ( 4.3%) |
| Median Home Value | $166,525 |
| Average Home Value | $191,823 |
Housing Distribution
Address Breakdown
Residential
10,594
Single Family
10,170
Multi-Family
424
Businesses
1,016
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Listed by: Olga Kampmeier • Keller Williams Realty Signature
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202504691
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.