51 Oak Valley DrElizabethIL61028
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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 Elizabeth at 51 Oak Valley Dr, Elizabeth, IL, 61028 uses $42,101 cash to close to unlock $764/yr annual cash flow and $64/mo monthly cash flow. Total monthly income runs $970/mo, and a $622/mo payment keeps the spread at $64/mo. Purchase price stands at $127,000, and rental yield measures 9.17% with $970/mo rent. Return on cash invested shows 21.72% in year one, and 5% annual appreciation builds toward $35,088 over five years. Five-year ROI reaches 113.83% and total cumulative return in cash records $47,925. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $970/mo property income covering a $622/mo payment rather than investor’s personal income.
Single Family
Built in 1976
1 Acres lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61028, Elizabeth, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,084 (100%) |
| Owner Occupied HU | 627 (57.8%) |
| Renter Occupied HU | 197 (18.2%) |
| Vacant Housing Units | 260 (24.0%) |
| Median Home Value | $247,642 |
| Average Home Value | $300,817 |
Housing Distribution
Address Breakdown
Residential
744
Single Family
734
Multi-Family
10
Businesses
82
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Listed by: JACQUELINE DEBES • Re/Max Prime Properties
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202406967
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.