79 Dinosaur RdWilmingtonIL60481
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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 Wilmington at 79 Dinosaur Rd, Wilmington, IL, 60481 uses $36,465 cash to close to unlock $749/yr annual cash flow and $62/mo monthly cash flow. Total monthly income runs $825/mo, and a $538/mo payment keeps the spread at $62/mo. Purchase price stands at $110,000, and rental yield measures 9% with $825/mo rent. Return on cash invested shows 21.96% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 114.95% and total cumulative return in cash records $41,916. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $825/mo property income covering a $538/mo payment rather than investor’s personal income.
Single Family
Built in 1991
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60481, Wilmington, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,847 (100%) |
| Owner Occupied HU | 3,940 (67.4%) |
| Renter Occupied HU | 1,080 (18.5%) |
| Vacant Housing Units | 827 (14.1%) |
| Median Home Value | $330,893 |
| Average Home Value | $359,001 |
Housing Distribution
Address Breakdown
Residential
5,124
Single Family
4,953
Multi-Family
171
Businesses
329
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Listed by: Kimberly Engelhardt • Lori Bonarek Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12326451