5518 Oak StHighlandIL62249
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
Investment property for sale in Highland at 5518 Oak St, Highland, IL, 62249 uses $107,738 cash to close to unlock $3,389/yr annual cash flow and $282/mo monthly cash flow. Total monthly income runs $2,537/mo, and a $1,591/mo payment keeps the spread at $282/mo. Purchase price stands at $325,000, and rental yield measures 9.37% with $2,537/mo rent. Return on cash invested shows 23.05% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 120.72% and total cumulative return in cash records $130,057. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,537/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Single Family
Built in 1979
2.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62249, Highland, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,148 (100%) |
| Owner Occupied HU | 5,271 (73.7%) |
| Renter Occupied HU | 1,472 (20.6%) |
| Vacant Housing Units | 405 ( 5.7%) |
| Median Home Value | $264,878 |
| Average Home Value | $300,071 |
Housing Distribution
Address Breakdown
Residential
6,867
Single Family
6,539
Multi-Family
328
Businesses
511
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sarah Miller • Coldwell Banker Brown Realtors
Mls Name: MARIS
Mls Provider:
Mls ID: #24064013
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. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_197)