706 W Douglas AveJacksonvilleIL62650
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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 Jacksonville at 706 W Douglas Ave, Jacksonville, IL, 62650 priced at $124,900 converts $967/mo rent into $101/mo cash flow after a $611/mo obligation. Total monthly income equals $967/mo, and annual cash flow totals $1,212/yr on $41,404 invested. Return on cash invested prints 22.84% in year one, and rental yield reads 9.29% against a $124,900 entry. Equity gained on principal adds $806/yr, while 5% annual appreciation compiles into $34,508 by year five. Five-year ROI reaches 119.52% and total cumulative return in cash sums $49,486. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $967/mo property income covering a $611/mo payment, not borrower’s personal income.
Single Family
Built in 1935
6,048 sqft lot
$N/A/sqft
No HOA
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Listed by: Amy Hageman • The Real Estate Group, Inc.
Mls Name: RMLS Alliance
Mls ID: #CA1039468