7480 W McConnell RdMc ConnellIL61050
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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 Mc Connell at 7480 W McConnell Rd, Mc Connell, IL, 61050 priced at $148,500 pairs $1,288/mo rent with $258/mo cash flow after a $727/mo payment. Total monthly income equals $1,288/mo, and annual cash flow comes to $3,094/yr on $49,228 invested. Return on cash invested is 26.19% in year one, and rental yield stands at 10.41% on a $148,500 basis. Equity gained on principal adds $958/yr, and 5% annual appreciation accumulates to $41,028 by year five. Five-year ROI measures 137.54% and total cumulative return in cash reaches $67,707. For financing, Ziffy Mortgage’s DSCR program evaluates $1,288/mo property income against a $727/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61050, Mc Connell, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 169 (100%) |
| Owner Occupied HU | 127 (75.1%) |
| Renter Occupied HU | 26 (15.4%) |
| Vacant Housing Units | 16 ( 9.5%) |
| Median Home Value | $195,313 |
| Average Home Value | $284,606 |
Housing Distribution
Address Breakdown
Residential
121
Single Family
121
Multi-Family
0
Businesses
10
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Listed by: BRIAN BORCHARDT • A-1 Agency
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202404585
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.