702 Arrowhead DrHeyworthIL61745
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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 Heyworth at 702 Arrowhead Dr, Heyworth, IL, 61745 priced at $215,000 converts $1,475/mo rent into after a $1,052/mo obligation. Total monthly income equals $1,475/mo. Return on cash invested prints 19.64% in year one, and rental yield reads 8.23% against a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,401 by year five. Five-year ROI reaches 102.45% and total cumulative return in cash sums $73,021. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,475/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Single Family
Built in 1991
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61745, Heyworth, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,673 (100%) |
| Owner Occupied HU | 1,376 (82.2%) |
| Renter Occupied HU | 221 (13.2%) |
| Vacant Housing Units | 76 ( 4.5%) |
| Median Home Value | $247,541 |
| Average Home Value | $289,935 |
Housing Distribution
Address Breakdown
Residential
1,572
Single Family
1,572
Multi-Family
0
Businesses
71
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