800 W Wall StMulberry GroveIL62262
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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 Mulberry Grove at 800 W Wall St, Mulberry Grove, IL, 62262 uses $61,328 cash to close to unlock $5,571/yr annual cash flow and $464/mo monthly cash flow. Total monthly income runs $1,747/mo, and a $905/mo payment keeps the spread at $464/mo. Purchase price stands at $185,000, and rental yield measures 11.33% with $1,747/mo rent. Return on cash invested shows 28.99% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 152.59% and total cumulative return in cash records $93,579. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,747/mo property income covering a $905/mo payment rather than investor’s personal income.
Manufactured
Built in 1996
8 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62262, Mulberry Grove, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 855 (100%) |
| Owner Occupied HU | 628 (73.5%) |
| Renter Occupied HU | 128 (15.0%) |
| Vacant Housing Units | 99 (11.6%) |
| Median Home Value | $170,000 |
| Average Home Value | $232,735 |
Housing Distribution
Address Breakdown
Residential
703
Single Family
703
Multi-Family
0
Businesses
46
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Listed by: Connor R Trumbo • Midwest Farm & Land Co. LLC
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB456339
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.