4797 Lindbloom LnCherry ValleyIL61016
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Cherry Valley at 4797 Lindbloom Ln, Cherry Valley, IL, 61016 uses $112,710 cash to close to unlock $6,490/yr annual cash flow and $541/mo monthly cash flow. Total monthly income runs $2,899/mo, and a $1,664/mo payment keeps the spread at $541/mo. Purchase price stands at $340,000, and rental yield measures 10.23% with $2,899/mo rent. Return on cash invested shows 25.67% in year one, and 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 134.69% and total cumulative return in cash records $151,806. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,899/mo property income covering a $1,664/mo payment rather than investor’s personal income.
Single Family
Built in 1996
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61016, Cherry Valley, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,145 (100%) |
| Owner Occupied HU | 1,786 (83.3%) |
| Renter Occupied HU | 265 (12.4%) |
| Vacant Housing Units | 94 ( 4.4%) |
| Median Home Value | $237,085 |
| Average Home Value | $251,141 |
Housing Distribution
Address Breakdown
Residential
2,132
Single Family
2,034
Multi-Family
98
Businesses
120
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Listed by: Rebecca LeClaire • Century 21 Affiliated
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls ID: #202600393