800 S Main St,Jacksonville,IL,62650

Investment Highlights

Rental property for sale in Jacksonville at 800 S Main St, Jacksonville, IL, 62650 priced at $199,900 pairs $1,529/mo rent with $143/mo cash flow after a $978/mo payment. Total monthly income equals $1,529/mo, and annual cash flow comes to $1,714/yr on $66,267 invested. Return on cash invested is 22.5% in year one, and rental yield stands at 9.18% on a $199,900 basis. Equity gained on principal adds $1,290/yr, and 5% annual appreciation accumulates to $55,229 by year five. Five-year ROI measures 117.71% and total cumulative return in cash reaches $78,001. For financing, Ziffy Mortgage’s DSCR program evaluates $1,529/mo property income against a $978/mo payment instead of your W2s, 1099s, or Tax returns.