7A7 Broken Lance LnApple RiverIL61001
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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 Apple River at 7A7 Broken Lance Ln, Apple River, IL, 61001 with 5% annual appreciation on a $469,000 basis while $2,184/mo rent supports operations. 65% in year one. Equity gained on principal adds $3,026/yr, and five-year appreciation sums $129,576 alongside rental yield of 5.59%. Five-year ROI measures 59.56% and total cumulative return in cash totals $92,599. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,184/mo property income versus a $2,296/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1992
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61001, Apple River, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,227 (100%) |
| Owner Occupied HU | 460 (37.5%) |
| Renter Occupied HU | 69 ( 5.6%) |
| Vacant Housing Units | 698 (56.9%) |
| Median Home Value | $248,148 |
| Average Home Value | $272,304 |
Housing Distribution
Address Breakdown
Residential
704
Single Family
696
Multi-Family
8
Businesses
23
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Listed by: WESLEY COCAGNE • Coldwell Banker Network Realty
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls ID: #202504753