7518 N 2nd StMachesney ParkIL61115
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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 Machesney Park at 7518 N 2nd St, Machesney Park, IL, 61115 listed at $246,000 pairs $1,663/mo rent with a $1,204/mo payment. Total monthly income runs $1,663/mo. Return on cash invested measures 19.27% in year one, and rental yield registers 8.11% at a $246,000 basis. Equity gained on principal adds $1,587/yr, and annual property appreciation at 5% supports $67,965 by year five. Five-year ROI tracks 100.4% and total cumulative return in cash totals $81,878. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,663/mo property income relative to a $1,204/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1926
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61115, Machesney Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,397 (100%) |
| Owner Occupied HU | 6,792 (72.3%) |
| Renter Occupied HU | 2,091 (22.3%) |
| Vacant Housing Units | 514 ( 5.5%) |
| Median Home Value | $183,819 |
| Average Home Value | $195,776 |
Housing Distribution
Address Breakdown
Residential
9,345
Single Family
9,157
Multi-Family
188
Businesses
534
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Listed by: Gregory Saunders • Keller Williams Realty Signature
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls ID: #202506925