8886A N 250th StWheelerIL62479
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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 Wheeler at 8886A N 250th St, Wheeler, IL, 62479 offers a 9.25% rental yield on a $105,000 purchase with $809/mo rent. Total monthly income registers $809/mo, and a $514/mo payment leaves $81/mo available for distribution. Annual cash flow reaches $967/yr on $34,808 to close, and return on cash invested stands at 22.69% in year one. Equity gained on principal adds $678/yr while 5% annual appreciation supports $29,010 over five years. Portfolio math shows five-year ROI at 118.77% and total cumulative return in cash at $41,342. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $809/mo property income against a $514/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1935
1.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62479, Wheeler, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 395 (100%) |
| Owner Occupied HU | 333 (84.3%) |
| Renter Occupied HU | 32 ( 8.1%) |
| Vacant Housing Units | 30 ( 7.6%) |
| Median Home Value | $236,413 |
| Average Home Value | $246,374 |
Housing Distribution
Address Breakdown
Residential
325
Single Family
325
Multi-Family
0
Businesses
5
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