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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Reynolds at 501 W Maple St, Reynolds, IL, 61279 priced at $249,000 converts $1,449/mo rent into after a $1,219/mo obligation. Total monthly income equals $1,449/mo. Return on cash invested prints 15.86% in year one, and rental yield reads 6.98% against a $249,000 entry. Equity gained on principal adds $1,607/yr, while 5% annual appreciation compiles into $68,794 by year five. Five-year ROI reaches 82.15% and total cumulative return in cash sums $67,808. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,449/mo property income covering a $1,219/mo payment, not borrower’s personal income.
Single Family
Built in 1958
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 61279, Reynolds, IL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 448 (100%) |
| Owner Occupied HU | 342 (76.3%) |
| Renter Occupied HU | 50 (11.2%) |
| Vacant Housing Units | 56 (12.5%) |
| Median Home Value | $196,622 |
| Average Home Value | $223,414 |
Residential
325
Single Family
325
Multi-Family
0
Businesses
13
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Abby McAlister • Real Broker, LLC
Mls Name: RMLS Alliance
Mls ID: #QC4265672
