679 Clarksen DrBelvidereIL61008
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 Belvidere at 679 Clarksen Dr, Belvidere, IL, 61008 priced at $364,110 pairs $2,992/mo rent with $467/mo cash flow after a $1,782/mo payment. Total monthly income equals $2,992/mo, and annual cash flow comes to $5,599/yr on $120,702 invested. Return on cash invested is 24.55% in year one, and rental yield stands at 9.86% on a $364,110 basis. Equity gained on principal adds $2,350/yr, and 5% annual appreciation accumulates to $100,597 by year five. Five-year ROI measures 128.7% and total cumulative return in cash reaches $155,344. For financing, Ziffy Mortgage’s DSCR program evaluates $2,992/mo property income against a $1,782/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61008, Belvidere, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,954 (100%) |
| Owner Occupied HU | 9,284 (71.7%) |
| Renter Occupied HU | 3,087 (23.8%) |
| Vacant Housing Units | 583 ( 4.5%) |
| Median Home Value | $198,963 |
| Average Home Value | $235,058 |
Housing Distribution
Address Breakdown
Residential
12,742
Single Family
12,220
Multi-Family
522
Businesses
839
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices