5567 N Mill Creek RdScales MoundIL61075
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 Scales Mound at 5567 N Mill Creek Rd, Scales Mound, IL, 61075 offers $1,134/mo rent that, after a $732/mo payment, leaves $97/mo cash flow. Total monthly income is $1,134/mo, and annual cash flow is $1,161/yr on $49,559 cash. Return on cash invested measures 22.25% in year one, and rental yield stands at 9.1% at a $149,500 entry. Equity gained on principal adds $965/yr while 5% annual appreciation compounds into $41,304 by year five. Five-year ROI records 116.4% and total cumulative return in cash reaches $57,689. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,134/mo property income versus a $732/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61075, Scales Mound, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 513 (100%) |
| Owner Occupied HU | 382 (74.5%) |
| Renter Occupied HU | 52 (10.1%) |
| Vacant Housing Units | 79 (15.4%) |
| Median Home Value | $303,636 |
| Average Home Value | $352,742 |
Housing Distribution
Address Breakdown
Residential
357
Single Family
357
Multi-Family
0
Businesses
29
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Listed by: JACQUELINE DEBES • Re/Max Prime Properties
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202502440
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.