505 Blossom CtMachesney ParkIL61115
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
Investment property for sale in Machesney Park at 505 Blossom Ct, Machesney Park, IL, 61115 offers a 11.2% rental yield on a $228,000 purchase with $2,128/mo rent. Total monthly income registers $2,128/mo, and a $1,116/mo payment leaves $547/mo available for distribution. Annual cash flow reaches $6,558/yr on $75,582 to close, and return on cash invested stands at 28.59% in year one. Equity gained on principal adds $1,471/yr while 5% annual appreciation supports $62,992 over five years. Portfolio math shows five-year ROI at 150.37% and total cumulative return in cash at $113,655. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,128/mo property income against a $1,116/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61115, Machesney Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,397 (100%) |
| Owner Occupied HU | 6,792 (72.3%) |
| Renter Occupied HU | 2,091 (22.3%) |
| Vacant Housing Units | 514 ( 5.5%) |
| Median Home Value | $183,819 |
| Average Home Value | $195,776 |
Housing Distribution
Address Breakdown
Residential
9,345
Single Family
9,157
Multi-Family
188
Businesses
534
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Holli Kearns • Berkshire Hathaway Homeservices Crosby Starck Re
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202504280
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.