421 Cook AveJonesboroIL62952
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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 Jonesboro at 421 Cook Ave, Jonesboro, IL, 62952 priced at $160,000 pairs $1,280/mo rent with $170/mo cash flow after a $783/mo payment. Total monthly income equals $1,280/mo, and annual cash flow comes to $2,044/yr on $53,040 invested. Return on cash invested is 23.76% in year one, and rental yield stands at 9.6% on a $160,000 basis. Equity gained on principal adds $1,032/yr, and 5% annual appreciation accumulates to $44,205 by year five. Five-year ROI measures 124.55% and total cumulative return in cash reaches $66,062. For financing, Ziffy Mortgage’s DSCR program evaluates $1,280/mo property income against a $783/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1978
2.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62952, Jonesboro, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,513 (100%) |
| Owner Occupied HU | 1,068 (70.6%) |
| Renter Occupied HU | 258 (17.1%) |
| Vacant Housing Units | 187 (12.4%) |
| Median Home Value | $155,978 |
| Average Home Value | $192,235 |
Housing Distribution
Address Breakdown
Residential
1,103
Single Family
1,103
Multi-Family
0
Businesses
79
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