413 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 413 N Laurel Dr, Jacksonville, IL, 62650 with 5% annual appreciation on a $124,000 basis while $1,199/mo rent supports operations. Total monthly income totals $1,199/mo and a $607/mo payment preserves $339/mo for cash returns. Annual cash flow comes to $4,066/yr on $41,106 deployed, and return on cash invested reaches 29.8% in year one. Equity gained on principal adds $800/yr, and five-year appreciation sums $34,259 alongside rental yield of 11.6%. Five-year ROI measures 156.86% and total cumulative return in cash totals $64,479.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,199/mo property income versus a $607/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1955
8,265 sqft lot
$N/A/sqft
No HOA
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Listed by: Judy Eoff • RE/MAX Results Plus
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1036926
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.