8810 E Cranberry RdBonnieIL62816
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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 Bonnie at 8810 E Cranberry Rd, Bonnie, IL, 62816 offers a 0% rental yield on a $187,900 purchase with $0/mo rent. 21% in year one. Equity gained on principal adds $1,212/yr while 5% annual appreciation supports $51,913 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $920/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62816, Bonnie, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 568 (100%) |
| Owner Occupied HU | 452 (79.6%) |
| Renter Occupied HU | 65 (11.4%) |
| Vacant Housing Units | 51 ( 9.0%) |
| Median Home Value | $114,552 |
| Average Home Value | $154,414 |
Housing Distribution
Address Breakdown
Residential
441
Single Family
441
Multi-Family
0
Businesses
14
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