714 Raccoon Valley RdMakandaIL62958
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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 Makanda at 714 Raccoon Valley Rd, Makanda, IL, 62958 with 5% annual appreciation on a $224,000 basis while $1,613/mo rent supports operations. Total monthly income totals $1,613/mo and a $1,096/mo payment preserves $60/mo for cash returns. Annual cash flow comes to $716/yr on $74,256 deployed, and return on cash invested reaches 20.87% in year one. Equity gained on principal adds $1,445/yr, and five-year appreciation sums $61,887 alongside rental yield of 8.64%. Five-year ROI measures 108.99% and total cumulative return in cash totals $80,935.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,613/mo property income versus a $1,096/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1988
2.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62958, Makanda, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,058 (100%) |
| Owner Occupied HU | 754 (71.3%) |
| Renter Occupied HU | 172 (16.3%) |
| Vacant Housing Units | 132 (12.5%) |
| Median Home Value | $195,833 |
| Average Home Value | $244,290 |
Housing Distribution
Address Breakdown
Residential
1,010
Single Family
1,010
Multi-Family
0
Businesses
47
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