8585 S Derinda RdElizabethIL61028
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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 Elizabeth at 8585 S Derinda Rd, Elizabeth, IL, 61028 with 5% annual appreciation on a $750,000 basis while $3,338/mo rent supports operations. 99% in year one. Equity gained on principal adds $4,840/yr, and five-year appreciation sums $207,211 alongside rental yield of 5.34%. Five-year ROI measures 55.99% and total cumulative return in cash totals $138,150. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,338/mo property income versus a $3,671/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
14.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61028, Elizabeth, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,084 (100%) |
| Owner Occupied HU | 627 (57.8%) |
| Renter Occupied HU | 197 (18.2%) |
| Vacant Housing Units | 260 (24.0%) |
| Median Home Value | $247,642 |
| Average Home Value | $300,817 |
Housing Distribution
Address Breakdown
Residential
744
Single Family
734
Multi-Family
10
Businesses
82
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