6167 Elderberry LnCherry ValleyIL61016
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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 Cherry Valley at 6167 Elderberry Ln, Cherry Valley, IL, 61016 with 5% annual appreciation on a $349,000 basis while $4,960/mo rent supports operations. Total monthly income totals $4,960/mo and a $1,708/mo payment preserves $2,539/mo for cash returns. Annual cash flow comes to $30,473/yr on $115,694 deployed, and return on cash invested reaches 46.25% in year one. Equity gained on principal adds $2,252/yr, and five-year appreciation sums $96,422 alongside rental yield of 17.05%. Five-year ROI measures 245.09% and total cumulative return in cash totals $283,548.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,960/mo property income versus a $1,708/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1977
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61016, Cherry Valley, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,145 (100%) |
| Owner Occupied HU | 1,786 (83.3%) |
| Renter Occupied HU | 265 (12.4%) |
| Vacant Housing Units | 94 ( 4.4%) |
| Median Home Value | $237,085 |
| Average Home Value | $251,141 |
Housing Distribution
Address Breakdown
Residential
2,132
Single Family
2,034
Multi-Family
98
Businesses
120
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Listed by: Julie Humpal • Re/Max Property Source
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202404323
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.