839 Grove St,Jacksonville,IL,62650

Investment Highlights

Rental property for sale in Jacksonville at 839 Grove St, Jacksonville, IL, 62650 offers $2,650/mo rent that, after a $1,468/mo payment, leaves $570/mo cash flow. Total monthly income is $2,650/mo, and annual cash flow is $6,836/yr on $99,417 cash. Return on cash invested measures 26.79% in year one, and rental yield stands at 10.6% at a $299,900 entry. Equity gained on principal adds $1,935/yr while 5% annual appreciation compounds into $82,857 by year five. Five-year ROI records 140.71% and total cumulative return in cash reaches $139,888. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,650/mo property income versus a $1,468/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.