460 McCords TrlIrvingIL62051
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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 Irving at 460 McCords Trl, Irving, IL, 62051 offers a 11.54% rental yield on a $315,000 purchase with $3,030/mo rent. Total monthly income registers $3,030/mo, and a $1,542/mo payment leaves $845/mo available for distribution. Annual cash flow reaches $10,138/yr on $104,423 to close, and return on cash invested stands at 29.62% in year one. Equity gained on principal adds $2,033/yr while 5% annual appreciation supports $87,029 over five years. Portfolio math shows five-year ROI at 155.88% and total cumulative return in cash at $162,773. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,030/mo property income against a $1,542/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
4.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62051, Irving, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 394 (100%) |
| Owner Occupied HU | 308 (78.2%) |
| Renter Occupied HU | 43 (10.9%) |
| Vacant Housing Units | 43 (10.9%) |
| Median Home Value | $168,269 |
| Average Home Value | $180,690 |
Housing Distribution
Address Breakdown
Residential
267
Single Family
267
Multi-Family
0
Businesses
15
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Listed by: Brandi M Lentz • MCR Realty Professionals, Inc
Mls Name: MARIS
Mls Provider:
Mls ID: #25036156
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