520 W Devlin StSpring ValleyIL61362
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Spring Valley at 520 W Devlin St, Spring Valley, IL, 61362 priced at $167,900 pairs $1,314/mo rent with $149/mo cash flow after a $822/mo payment. Total monthly income equals $1,314/mo, and annual cash flow comes to $1,790/yr on $55,659 invested. Return on cash invested is 23.13% in year one, and rental yield stands at 9.39% on a $167,900 basis. Equity gained on principal adds $1,083/yr, and 5% annual appreciation accumulates to $46,388 by year five. Five-year ROI measures 121.16% and total cumulative return in cash reaches $67,438. For financing, Ziffy Mortgage’s DSCR program evaluates $1,314/mo property income against a $822/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1925
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61362, Spring Valley, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,640 (100%) |
| Owner Occupied HU | 1,656 (62.7%) |
| Renter Occupied HU | 756 (28.6%) |
| Vacant Housing Units | 228 ( 8.6%) |
| Median Home Value | $150,794 |
| Average Home Value | $162,109 |
Housing Distribution
Address Breakdown
Residential
2,534
Single Family
2,366
Multi-Family
168
Businesses
171
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Listed by: Bonnie Lester • Coldwell Banker Today's
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202503318
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.