8424 Victory LnMachesney ParkIL61115
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
Investment property for sale in Machesney Park at 8424 Victory Ln, Machesney Park, IL, 61115 earns $596/mo cash flow from $2,312/mo rent with a $1,211/mo payment. Total monthly income totals $2,312/mo, and annual cash flow totals $7,148/yr on $82,046 capital. ROI tracks 28.62% on current figures, and rental yield reads 11.21% at a $247,500 purchase. Equity gained on principal adds $1,597/yr, and 5% annual appreciation supports $68,380 over five years. Five-year ROI reaches 150.55% and total cumulative return in cash sums $123,521. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,312/mo property income instead of your personal income.
Single Family
Built in 1994
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61115, Machesney Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,397 (100%) |
| Owner Occupied HU | 6,792 (72.3%) |
| Renter Occupied HU | 2,091 (22.3%) |
| Vacant Housing Units | 514 ( 5.5%) |
| Median Home Value | $183,819 |
| Average Home Value | $195,776 |
Housing Distribution
Address Breakdown
Residential
9,345
Single Family
9,157
Multi-Family
188
Businesses
534
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jodi Stromberg • Berkshire Hathaway Homeservices Crosby Starck Re
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls ID: #202505187