7743 Cherry Hill RdCherry 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 7743 Cherry Hill Rd, Cherry Valley, IL, 61016 offers $1,559/mo rent that, after a $2,065/mo payment. Total monthly income is $1,559/mo. Return on cash invested measures 8.18% in year one, and rental yield stands at 4.43% at a $421,900 entry. Equity gained on principal adds $2,722/yr while 5% annual appreciation compounds into $116,563 by year five. Five-year ROI records 40.91% and total cumulative return in cash reaches $57,220. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,559/mo property income versus a $2,065/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.34 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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Listed by: Lisa Carroll • Century 21 Affiliated
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202501666
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.