50 Lakeside VillaSullivanIL61951
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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 Sullivan at 50 Lakeside Villa, Sullivan, IL, 61951 priced at $219,900 converts $1,860/mo rent into $335/mo cash flow after a $1,076/mo obligation. Total monthly income equals $1,860/mo, and annual cash flow totals $4,020/yr on $72,897 invested. Return on cash invested prints 25.42% in year one, and rental yield reads 10.15% against a $219,900 entry. Equity gained on principal adds $1,419/yr, while 5% annual appreciation compiles into $60,754 by year five. Five-year ROI reaches 133.44% and total cumulative return in cash sums $97,276. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,860/mo property income covering a $1,076/mo payment, not borrower’s personal income.
Single Family
Built in 2002
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61951, Sullivan, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,381 (100%) |
| Owner Occupied HU | 2,315 (68.5%) |
| Renter Occupied HU | 783 (23.2%) |
| Vacant Housing Units | 283 ( 8.4%) |
| Median Home Value | $145,991 |
| Average Home Value | $206,197 |
Housing Distribution
Address Breakdown
Residential
3,304
Single Family
3,220
Multi-Family
84
Businesses
310
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