7609 Magnolia TrlCherry ValleyIL61016
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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 Cherry Valley at 7609 Magnolia Trl, Cherry Valley, IL, 61016 generates $1,436/mo in rent and, after a $930/mo payment, leaves $118/mo in cash flow. Total monthly income is $1,436/mo, and annual cash flow is $1,417/yr on $62,985 invested. Return on cash invested sits at 22.16% in year one, and rental yield is 9.07% on a $190,000 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 115.95% and total cumulative return in cash sums $73,032. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,436/mo property income rather than buyer’s personal income.
Condo
Built in 2005
12.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61016, Cherry Valley, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,145 (100%) |
| Owner Occupied HU | 1,786 (83.3%) |
| Renter Occupied HU | 265 (12.4%) |
| Vacant Housing Units | 94 ( 4.4%) |
| Median Home Value | $237,085 |
| Average Home Value | $251,141 |
Housing Distribution
Address Breakdown
Residential
2,132
Single Family
2,034
Multi-Family
98
Businesses
120
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Nearby investment properties with comparable prices
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