8482 N Afolkey RdDakotaIL61018
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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
Investment property for sale in Dakota at 8482 N Afolkey Rd, Dakota, IL, 61018 uses $82,842 cash to close to unlock $6,777/yr annual cash flow and $565/mo monthly cash flow. Total monthly income runs $2,298/mo, and a $1,223/mo payment keeps the spread at $565/mo. Purchase price stands at $249,900, and rental yield measures 11.03% with $2,298/mo rent. Return on cash invested shows 28.09% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 147.7% and total cumulative return in cash records $122,354. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,298/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Single Family
Built in 1870
5.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61018, Dakota, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 447 (100%) |
| Owner Occupied HU | 351 (78.5%) |
| Renter Occupied HU | 63 (14.1%) |
| Vacant Housing Units | 33 ( 7.4%) |
| Median Home Value | $191,071 |
| Average Home Value | $252,600 |
Housing Distribution
Address Breakdown
Residential
345
Single Family
345
Multi-Family
0
Businesses
19
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Listed by: Robin Henry • Keller Williams Realty Signature
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202403684
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.