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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Richview at 416 W Shirley Ln, Richview, IL, 62877 with 5% annual appreciation on a $109,900 basis while $856/mo rent supports operations. Total monthly income totals $856/mo and a $538/mo payment preserves $94/mo for cash returns. Annual cash flow comes to $1,123/yr on $36,432 deployed, and return on cash invested reaches 22.99% in year one. Equity gained on principal adds $709/yr, and five-year appreciation sums $30,363 alongside rental yield of 9.35%. Five-year ROI measures 120.4% and total cumulative return in cash totals $43,864.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $856/mo property income versus a $538/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2000
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 62877, Richview, IL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 206 (100%) |
| Owner Occupied HU | 157 (76.2%) |
| Renter Occupied HU | 33 (16.0%) |
| Vacant Housing Units | 16 ( 7.8%) |
| Median Home Value | $153,693 |
| Average Home Value | $174,777 |
Residential
188
Single Family
188
Multi-Family
0
Businesses
12
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Darlene M Baltzell • Rod Snow, INC.
Mls Name: RMLS Alliance
Mls ID: #EB460519
