410 S Park StGoldenIL62339
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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 Golden at 410 S Park St, Golden, IL, 62339 priced at $124,000 converts $988/mo rent into $128/mo cash flow after a $607/mo obligation. Total monthly income equals $988/mo, and annual cash flow totals $1,534/yr on $41,106 invested. Return on cash invested prints 23.64% in year one, and rental yield reads 9.56% against a $124,000 entry. Equity gained on principal adds $800/yr, while 5% annual appreciation compiles into $34,259 by year five. Five-year ROI reaches 123.84% and total cumulative return in cash sums $50,907. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $988/mo property income covering a $607/mo payment, not borrower’s personal income.
Single Family
Built in N/A
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62339, Golden, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 365 (100%) |
| Owner Occupied HU | 278 (76.2%) |
| Renter Occupied HU | 56 (15.3%) |
| Vacant Housing Units | 31 ( 8.5%) |
| Median Home Value | $171,154 |
| Average Home Value | $195,926 |
Housing Distribution
Address Breakdown
Residential
304
Single Family
304
Multi-Family
0
Businesses
40
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