50 Blackhawk CtSparlandIL61565
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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 Sparland at 50 Blackhawk Ct, Sparland, IL, 61565 earns $189/mo cash flow from $1,853/mo rent with a $1,174/mo payment. Total monthly income totals $1,853/mo, and annual cash flow totals $2,270/yr on $79,527 capital. ROI tracks 22.76% on current figures, and rental yield reads 9.27% at a $239,900 purchase. Equity gained on principal adds $1,548/yr, and 5% annual appreciation supports $66,280 over five years. Five-year ROI reaches 119.17% and total cumulative return in cash sums $94,771. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,853/mo property income instead of your personal income.
Single Family
Built in 1976
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61565, Sparland, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 634 (100%) |
| Owner Occupied HU | 517 (81.5%) |
| Renter Occupied HU | 65 (10.3%) |
| Vacant Housing Units | 52 ( 8.2%) |
| Median Home Value | $163,313 |
| Average Home Value | $184,115 |
Housing Distribution
Address Breakdown
Residential
617
Single Family
617
Multi-Family
0
Businesses
12
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