890 Robinson Hill RdMakandaIL62958
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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
Rental property for sale in Makanda at 890 Robinson Hill Rd, Makanda, IL, 62958 offers $2,032/mo rent that, after a $4,625/mo payment. Total monthly income is $2,032/mo. Return on cash invested measures 2.61% in year one, and rental yield stands at 2.58% at a $945,000 entry. Equity gained on principal adds $6,098/yr while 5% annual appreciation compounds into $261,086 by year five. Five-year ROI records 11.01% and total cumulative return in cash reaches $34,216. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,032/mo property income versus a $4,625/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62958, Makanda, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,058 (100%) |
| Owner Occupied HU | 754 (71.3%) |
| Renter Occupied HU | 172 (16.3%) |
| Vacant Housing Units | 132 (12.5%) |
| Median Home Value | $195,833 |
| Average Home Value | $244,290 |
Housing Distribution
Address Breakdown
Residential
1,010
Single Family
1,010
Multi-Family
0
Businesses
47
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