629 N Dakota RdRidottIL61067
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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
Rental property for sale in Ridott at 629 N Dakota Rd, Ridott, IL, 61067 priced at $214,900 pairs $1,546/mo rent with $55/mo cash flow after a $1,052/mo payment. Total monthly income equals $1,546/mo, and annual cash flow comes to $663/yr on $71,239 invested. Return on cash invested is 20.84% in year one, and rental yield stands at 8.63% on a $214,900 basis. Equity gained on principal adds $1,387/yr, and 5% annual appreciation accumulates to $59,373 by year five. Five-year ROI measures 108.86% and total cumulative return in cash reaches $77,550. For financing, Ziffy Mortgage’s DSCR program evaluates $1,546/mo property income against a $1,052/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1945
1 Acres lot
$N/A/sqft
No HOA
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Listed by: Karen Senior • Wingert Real Estate Llc
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202501111
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