6 Old Corduroy CirLenaIL61048
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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
Investment property for sale in Lena at 6 Old Corduroy Cir, Lena, IL, 61048 listed at $450,000 pairs $780/mo rent with a $2,203/mo payment. Total monthly income runs $780/mo. Return on cash invested measures 1.07% in year one, and rental yield registers 2.08% at a $450,000 basis. Equity gained on principal adds $2,904/yr, and annual property appreciation at 5% supports $124,327 by year five. Five-year ROI tracks 2.83% and total cumulative return in cash totals $4,218. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $780/mo property income relative to a $2,203/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1979
0.54 Acres lot
$N/A/sqft
No 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
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Listed by: FAYE HEILMAN • Welcome Home Nw Illinois, Inc.
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202501150
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.