718 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 718 W Douglas Ave, Jacksonville, IL, 62650 offers $1,988/mo rent that, after a $857/mo payment, leaves $747/mo cash flow. Total monthly income is $1,988/mo, and annual cash flow is $8,959/yr on $58,013 cash. Return on cash invested measures 35.35% in year one, and rental yield stands at 13.63% at a $175,000 entry. Equity gained on principal adds $1,129/yr while 5% annual appreciation compounds into $48,349 by year five. Five-year ROI records 186.88% and total cumulative return in cash reaches $108,415. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,988/mo property income versus a $857/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
0.79 Acres lot
$N/A/sqft
No HOA
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Listed by: Kyle T Killebrew • The Real Estate Group, Inc.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1036406
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.