717 Alpine DrSherrardIL61281
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
Investment property for sale in Sherrard at 717 Alpine Dr, Sherrard, IL, 61281 at $219,900 posts ROI 38.97% with $1,158/mo cash flow from $2,764/mo rent. Total monthly income equals $2,764/mo, and annual cash flow records $13,893/yr on $72,897 to close. Return on cash invested measures 38.97% and rental yield reads 15.08% at the current $219,900. Equity gained on principal adds $1,419/yr, and 5% annual appreciation supports $60,754 by year five. Five-year ROI prints 206.52% and total cumulative return in cash totals $150,544.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,764/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1975
0.57 Acres lot
$N/A/sqft
$975 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61281, Sherrard, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,144 (100%) |
| Owner Occupied HU | 951 (83.1%) |
| Renter Occupied HU | 98 ( 8.6%) |
| Vacant Housing Units | 95 ( 8.3%) |
| Median Home Value | $222,949 |
| Average Home Value | $233,906 |
Housing Distribution
Address Breakdown
Residential
908
Single Family
908
Multi-Family
0
Businesses
38
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Listed by: Cheryl Umland Burns • RE/MAX Concepts Moline
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4255609
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.