7531 W Wick CtEdwardsIL61528
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
Rental property for sale in Edwards at 7531 W Wick Ct, Edwards, IL, 61528 offers $3,842/mo rent that, after a $1,174/mo payment, leaves $2,178/mo cash flow. Total monthly income is $3,842/mo, and annual cash flow is $26,138/yr on $79,527 cash. Return on cash invested measures 52.78% in year one, and rental yield stands at 19.22% at a $239,900 entry. Equity gained on principal adds $1,548/yr while 5% annual appreciation compounds into $66,280 by year five. Five-year ROI records 280.13% and total cumulative return in cash reaches $222,775. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,842/mo property income versus a $1,174/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61528, Edwards, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,186 (100%) |
| Owner Occupied HU | 893 (75.3%) |
| Renter Occupied HU | 236 (19.9%) |
| Vacant Housing Units | 57 ( 4.8%) |
| Median Home Value | $359,302 |
| Average Home Value | $366,531 |
Housing Distribution
Address Breakdown
Residential
1,154
Single Family
1,154
Multi-Family
0
Businesses
73
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Listed by: Tao Albritton • Professional Leasing Services
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1252288
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.