508 W Fulton StPoloIL61064
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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 Polo at 508 W Fulton St, Polo, IL, 61064 with 5% annual appreciation on a $129,900 basis while $975/mo rent supports operations. Total monthly income totals $975/mo and a $636/mo payment preserves $30/mo for cash returns. Annual cash flow comes to $362/yr on $43,062 deployed, and return on cash invested reaches 20.75% in year one. Equity gained on principal adds $838/yr, and five-year appreciation sums $35,889 alongside rental yield of 9.01%. Five-year ROI measures 108.87% and total cumulative return in cash totals $46,879.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $975/mo property income versus a $636/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1970
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61064, Polo, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,676 (100%) |
| Owner Occupied HU | 1,109 (66.2%) |
| Renter Occupied HU | 378 (22.6%) |
| Vacant Housing Units | 189 (11.3%) |
| Median Home Value | $157,083 |
| Average Home Value | $193,632 |
Housing Distribution
Address Breakdown
Residential
1,585
Single Family
1,551
Multi-Family
34
Businesses
113
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Listed by: WILLIAM SCHEIDER • Pat Brown Realty
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202500007
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.