8088 Elm AveDownsIL61736
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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 Downs at 8088 Elm Ave, Downs, IL, 61736 generates $2,712/mo in rent and, after a $1,248/mo payment, leaves $943/mo in cash flow. Total monthly income is $2,712/mo, and annual cash flow is $11,320/yr on $84,533 invested. Return on cash invested sits at 33.3% in year one, and rental yield is 12.76% on a $255,000 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 175.67% and total cumulative return in cash sums $148,496. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,712/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61736, Downs, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 732 (100%) |
| Owner Occupied HU | 605 (82.7%) |
| Renter Occupied HU | 87 (11.9%) |
| Vacant Housing Units | 40 ( 5.5%) |
| Median Home Value | $300,294 |
| Average Home Value | $304,153 |
Housing Distribution
Address Breakdown
Residential
692
Single Family
692
Multi-Family
0
Businesses
58
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