8956 Strawberry LnDawsonIL62520
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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 Dawson at 8956 Strawberry Ln, Dawson, IL, 62520 offers $1,980/mo rent that, after a $1,438/mo payment. Total monthly income is $1,980/mo. Return on cash invested measures 19.2% in year one, and rental yield stands at 8.09% at a $293,700 entry. Equity gained on principal adds $1,895/yr while 5% annual appreciation compounds into $81,144 by year five. Five-year ROI records 100.03% and total cumulative return in cash reaches $97,394. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,980/mo property income versus a $1,438/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62520, Dawson, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 560 (100%) |
| Owner Occupied HU | 462 (82.5%) |
| Renter Occupied HU | 81 (14.5%) |
| Vacant Housing Units | 17 ( 3.0%) |
| Median Home Value | $255,603 |
| Average Home Value | $262,668 |
Housing Distribution
Address Breakdown
Residential
489
Single Family
489
Multi-Family
0
Businesses
6
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Listed by: Mary Jo Welch • RE/MAX Professionals
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1034158
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.