41 Largemouth LnWilmingtonIL60481
Nearby investment properties with comparable rents
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 Wilmington at 41 Largemouth Ln, Wilmington, IL, 60481 at $235,000 posts ROI 25.43% with $358/mo cash flow from $1,988/mo rent. Total monthly income equals $1,988/mo, and annual cash flow records $4,298/yr on $77,903 to close. Return on cash invested measures 25.43% and rental yield reads 10.15% at the current $235,000. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,926 by year five. Five-year ROI prints 133.46% and total cumulative return in cash totals $103,972.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,988/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1999
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60481, Wilmington, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,847 (100%) |
| Owner Occupied HU | 3,940 (67.4%) |
| Renter Occupied HU | 1,080 (18.5%) |
| Vacant Housing Units | 827 (14.1%) |
| Median Home Value | $330,893 |
| Average Home Value | $359,001 |
Housing Distribution
Address Breakdown
Residential
5,124
Single Family
4,953
Multi-Family
171
Businesses
329
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Listed by: Jonnie Vanderhyden • Village Realty, Inc.
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12274751