506 S Charleton StWillow SpringsIL60480
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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 Willow Springs at 506 S Charleton St, Willow Springs, IL, 60480 with 5% annual appreciation on a $399,900 basis while $2,860/mo rent supports operations. Total monthly income totals $2,860/mo and a $1,957/mo payment preserves $87/mo for cash returns. Annual cash flow comes to $1,038/yr on $132,567 deployed, and return on cash invested reaches 20.69% in year one. Equity gained on principal adds $2,580/yr, and five-year appreciation sums $110,485 alongside rental yield of 8.58%. Five-year ROI measures 108.03% and total cumulative return in cash totals $143,216.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,860/mo property income versus a $1,957/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1956
8,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60480, Willow Springs, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,337 (100%) |
| Owner Occupied HU | 1,991 (85.2%) |
| Renter Occupied HU | 224 ( 9.6%) |
| Vacant Housing Units | 122 ( 5.2%) |
| Median Home Value | $383,333 |
| Average Home Value | $500,295 |
Housing Distribution
Address Breakdown
Residential
2,322
Single Family
1,985
Multi-Family
337
Businesses
206
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Listed by: Michael Giliano • Compass
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12524107