582 Quail DrLenaIL61048
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 Lena at 582 Quail Dr, Lena, IL, 61048 uses $76,245 cash to close to unlock $449/yr annual cash flow and $37/mo monthly cash flow. Total monthly income runs $1,858/mo, and a $1,126/mo payment keeps the spread at $37/mo. Purchase price stands at $230,000, and rental yield measures 9.69% with $1,858/mo rent. Return on cash invested shows 20.5% in year one, and 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 108.29% and total cumulative return in cash records $82,567. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,858/mo property income covering a $1,126/mo payment rather than investor’s personal income.
Condo
Built in 1991
N/A lot
$N/A/sqft
$225 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61048, Lena, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,875 (100%) |
| Owner Occupied HU | 1,447 (77.2%) |
| Renter Occupied HU | 284 (15.1%) |
| Vacant Housing Units | 144 ( 7.7%) |
| Median Home Value | $181,929 |
| Average Home Value | $218,842 |
Housing Distribution
Address Breakdown
Residential
1,635
Single Family
1,526
Multi-Family
109
Businesses
138
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: FAYE HEILMAN • Welcome Home Nw Illinois, Inc.
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202500851
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.