532 Lake DrWoodhullIL61490
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 Woodhull at 532 Lake Dr, Woodhull, IL, 61490 offers $1,937/mo rent that, after a $1,233/mo payment, leaves $179/mo cash flow. Total monthly income is $1,937/mo, and annual cash flow is $2,143/yr on $83,538 cash. Return on cash invested measures 22.47% in year one, and rental yield stands at 9.22% at a $252,000 entry. Equity gained on principal adds $1,626/yr while 5% annual appreciation compounds into $69,623 by year five. Five-year ROI records 117.66% and total cumulative return in cash reaches $98,294. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,937/mo property income versus a $1,233/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61490, Woodhull, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 487 (100%) |
| Owner Occupied HU | 367 (75.4%) |
| Renter Occupied HU | 79 (16.2%) |
| Vacant Housing Units | 41 ( 8.4%) |
| Median Home Value | $163,564 |
| Average Home Value | $183,379 |
Housing Distribution
Address Breakdown
Residential
253
Single Family
253
Multi-Family
0
Businesses
52
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