804 Indian Dancer TrlBelvidereIL61008
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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 Belvidere at 804 Indian Dancer Trl, Belvidere, IL, 61008 priced at $349,500 converts $2,716/mo rent into $291/mo cash flow after a $1,711/mo obligation. Total monthly income equals $2,716/mo, and annual cash flow totals $3,497/yr on $115,859 invested. Return on cash invested prints 22.93% in year one, and rental yield reads 9.33% against a $349,500 entry. Equity gained on principal adds $2,255/yr, while 5% annual appreciation compiles into $96,560 by year five. Five-year ROI reaches 120.02% and total cumulative return in cash sums $139,057. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,716/mo property income covering a $1,711/mo payment, not borrower’s personal income.
Single Family
Built in 2003
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61008, Belvidere, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,954 (100%) |
| Owner Occupied HU | 9,284 (71.7%) |
| Renter Occupied HU | 3,087 (23.8%) |
| Vacant Housing Units | 583 ( 4.5%) |
| Median Home Value | $198,963 |
| Average Home Value | $235,058 |
Housing Distribution
Address Breakdown
Residential
12,742
Single Family
12,220
Multi-Family
522
Businesses
839
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