501 Waco WayPoplar GroveIL61065
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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 Poplar Grove at 501 Waco Way, Poplar Grove, IL, 61065 with 5% annual appreciation on a $400,000 basis while $3,788/mo rent supports operations. Total monthly income totals $3,788/mo and a $1,958/mo payment preserves $1,013/mo for cash returns. Annual cash flow comes to $12,160/yr on $132,600 deployed, and return on cash invested reaches 29.08% in year one. Equity gained on principal adds $2,581/yr, and five-year appreciation sums $110,513 alongside rental yield of 11.36%. Five-year ROI measures 153.03% and total cumulative return in cash totals $202,912.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,788/mo property income versus a $1,958/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1996
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61065, Poplar Grove, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,132 (100%) |
| Owner Occupied HU | 3,437 (83.2%) |
| Renter Occupied HU | 478 (11.6%) |
| Vacant Housing Units | 217 ( 5.3%) |
| Median Home Value | $228,564 |
| Average Home Value | $271,308 |
Housing Distribution
Address Breakdown
Residential
3,898
Single Family
3,898
Multi-Family
0
Businesses
124
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Listed by: Joseph Eurek • Dickerson & Nieman
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls ID: #202505594