5028 N Dakota RdDakotaIL61018
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Dakota at 5028 N Dakota Rd, Dakota, IL, 61018 offers $1,349/mo rent that, after a $857/mo payment, leaves $135/mo cash flow. Total monthly income is $1,349/mo, and annual cash flow is $1,616/yr on $58,013 cash. Return on cash invested measures 22.7% in year one, and rental yield stands at 9.25% at a $175,000 entry. Equity gained on principal adds $1,129/yr while 5% annual appreciation compounds into $48,349 by year five. Five-year ROI records 118.79% and total cumulative return in cash reaches $68,911. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,349/mo property income versus a $857/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
1.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61018, Dakota, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 447 (100%) |
| Owner Occupied HU | 351 (78.5%) |
| Renter Occupied HU | 63 (14.1%) |
| Vacant Housing Units | 33 ( 7.4%) |
| Median Home Value | $191,071 |
| Average Home Value | $252,600 |
Housing Distribution
Address Breakdown
Residential
345
Single Family
345
Multi-Family
0
Businesses
19
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Nearby investment properties with comparable prices
Listed by: Charla Piper • Century 21 Affiliated
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202403497
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.