516 Crestview DrSherrardIL61281
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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 Sherrard at 516 Crestview Dr, Sherrard, IL, 61281 with 5% annual appreciation on a $370,000 basis while $2,698/mo rent supports operations. Total monthly income totals $2,698/mo and a $1,811/mo payment preserves $132/mo for cash returns. Annual cash flow comes to $1,579/yr on $122,655 deployed, and return on cash invested reaches 21.2% in year one. Equity gained on principal adds $2,388/yr, and five-year appreciation sums $102,224 alongside rental yield of 8.75%. Five-year ROI measures 110.72% and total cumulative return in cash totals $135,809.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,698/mo property income versus a $1,811/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1976
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61281, Sherrard, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,144 (100%) |
| Owner Occupied HU | 951 (83.1%) |
| Renter Occupied HU | 98 ( 8.6%) |
| Vacant Housing Units | 95 ( 8.3%) |
| Median Home Value | $222,949 |
| Average Home Value | $233,906 |
Housing Distribution
Address Breakdown
Residential
908
Single Family
908
Multi-Family
0
Businesses
38
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