771 Fairway DrForsythIL62535
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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 Forsyth at 771 Fairway Dr, Forsyth, IL, 62535 offers $2,905/mo rent that, after a $2,202/mo payment. Total monthly income is $2,905/mo. Return on cash invested measures 18.17% in year one, and rental yield stands at 7.75% at a $449,900 entry. Equity gained on principal adds $2,903/yr while 5% annual appreciation compounds into $124,299 by year five. Five-year ROI records 94.54% and total cumulative return in cash reaches $140,998. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,905/mo property income versus a $2,202/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62535, Forsyth, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,351 (100%) |
| Owner Occupied HU | 1,091 (80.8%) |
| Renter Occupied HU | 194 (14.4%) |
| Vacant Housing Units | 66 ( 4.9%) |
| Median Home Value | $305,491 |
| Average Home Value | $339,675 |
Housing Distribution
Address Breakdown
Residential
1,366
Single Family
1,366
Multi-Family
0
Businesses
164
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