4983 Sugar Grove RdVirginiaIL62691
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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 Virginia at 4983 Sugar Grove Rd, Virginia, IL, 62691 uses $54,996 cash to close to unlock $3,183/yr annual cash flow and $265/mo monthly cash flow. Total monthly income runs $1,416/mo, and a $812/mo payment keeps the spread at $265/mo. Purchase price stands at $165,900, and rental yield measures 10.24% with $1,416/mo rent. Return on cash invested shows 25.7% in year one, and 5% annual appreciation builds toward $45,835 over five years. Five-year ROI reaches 134.94% and total cumulative return in cash records $74,214. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,416/mo property income covering a $812/mo payment rather than investor’s personal income.
Single Family
Built in N/A
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62691, Virginia, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,089 (100%) |
| Owner Occupied HU | 762 (70.0%) |
| Renter Occupied HU | 187 (17.2%) |
| Vacant Housing Units | 140 (12.9%) |
| Median Home Value | $129,412 |
| Average Home Value | $193,094 |
Housing Distribution
Address Breakdown
Residential
1,007
Single Family
1,001
Multi-Family
6
Businesses
84
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