501 Prairie Mills RdGoldenIL62339
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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 Golden at 501 Prairie Mills Rd, Golden, IL, 62339 listed at $171,900 pairs $1,312/mo rent with a $841/mo payment to leave $120/mo cash flow. Total monthly income runs $1,312/mo, and annual cash flow reaches $1,440/yr on $56,985 cash to close. Return on cash invested measures 22.44% in year one, and rental yield registers 9.16% at a $171,900 basis. Equity gained on principal adds $1,109/yr, and annual property appreciation at 5% supports $47,493 by year five. Five-year ROI tracks 117.47% and total cumulative return in cash totals $66,942. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,312/mo property income relative to a $841/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62339, Golden, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 365 (100%) |
| Owner Occupied HU | 278 (76.2%) |
| Renter Occupied HU | 56 (15.3%) |
| Vacant Housing Units | 31 ( 8.5%) |
| Median Home Value | $171,154 |
| Average Home Value | $195,926 |
Housing Distribution
Address Breakdown
Residential
304
Single Family
304
Multi-Family
0
Businesses
40
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Listed by: Chrissy Lock • Farlow Real Estate Experts
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1033538
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.