532 Prairie Point DrPoplar GroveIL61065
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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 Poplar Grove at 532 Prairie Point Dr, Poplar Grove, IL, 61065 offers $2,157/mo rent that, after a $1,517/mo payment, leaves $7/mo cash flow. Total monthly income is $2,157/mo, and annual cash flow is $85/yr on $102,765 cash. Return on cash invested measures 19.99% in year one, and rental yield stands at 8.35% at a $310,000 entry. Equity gained on principal adds $2,000/yr while 5% annual appreciation compounds into $85,647 by year five. Five-year ROI records 104.31% and total cumulative return in cash reaches $107,191. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,157/mo property income versus a $1,517/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61065, Poplar Grove, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,132 (100%) |
| Owner Occupied HU | 3,437 (83.2%) |
| Renter Occupied HU | 478 (11.6%) |
| Vacant Housing Units | 217 ( 5.3%) |
| Median Home Value | $228,564 |
| Average Home Value | $271,308 |
Housing Distribution
Address Breakdown
Residential
3,898
Single Family
3,898
Multi-Family
0
Businesses
124
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Listed by: Danielle Powers • Dickerson & Nieman
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls ID: #202504045