827 N 2199th RdTonicaIL61370
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Tonica at 827 N 2199th Rd, Tonica, IL, 61370 generates $2,401/mo in rent and, after a $1,175/mo payment, leaves $367/mo in cash flow. Total monthly income is $2,401/mo, and annual cash flow is $4,399/yr on $79,560 invested. Return on cash invested sits at 25.44% in year one, and rental yield is 12.01% on a $240,000 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 135.51% and total cumulative return in cash sums $107,810. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,401/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61370, Tonica, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 554 (100%) |
| Owner Occupied HU | 436 (78.7%) |
| Renter Occupied HU | 73 (13.2%) |
| Vacant Housing Units | 45 ( 8.1%) |
| Median Home Value | $207,059 |
| Average Home Value | $296,898 |
Housing Distribution
Address Breakdown
Residential
418
Single Family
418
Multi-Family
0
Businesses
26
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Wendy Fulmer • Coldwell Banker Today's
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202504040
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.