509 Woodland PlJacksonvilleIL62650
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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
Rental property for sale in Jacksonville at 509 Woodland Pl, Jacksonville, IL, 62650 priced at $142,900 pairs $1,144/mo rent with $153/mo cash flow after a $699/mo payment. Total monthly income equals $1,144/mo, and annual cash flow comes to $1,839/yr on $47,371 invested. Return on cash invested is 23.79% in year one, and rental yield stands at 9.61% on a $142,900 basis. Equity gained on principal adds $922/yr, and 5% annual appreciation accumulates to $39,481 by year five. Five-year ROI measures 124.7% and total cumulative return in cash reaches $59,073. For financing, Ziffy Mortgage’s DSCR program evaluates $1,144/mo property income against a $699/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1947
0.28 Acres lot
$N/A/sqft
No HOA
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Listed by: Judy Eoff • RE/MAX Results Plus
Mls Name: RMLS Alliance
Mls ID: #CA1041488