8A116 Independence DriveApple RiverIL61001
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Apple River at 8A116 Independence Drive, Apple River, IL, 61001 at $194,900 posts ROI 26.05% with $331/mo cash flow from $1,796/mo rent. Total monthly income equals $1,796/mo, and annual cash flow records $3,969/yr on $64,609 to close. Return on cash invested measures 26.05% and rental yield reads 11.06% at the current $194,900. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,847 by year five. Five-year ROI prints 137.54% and total cumulative return in cash totals $88,863.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,796/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1976
0.35 Acres lot
$N/A/sqft
$1,360 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61001, Apple River, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,227 (100%) |
| Owner Occupied HU | 460 (37.5%) |
| Renter Occupied HU | 69 ( 5.6%) |
| Vacant Housing Units | 698 (56.9%) |
| Median Home Value | $248,148 |
| Average Home Value | $272,304 |
Housing Distribution
Address Breakdown
Residential
704
Single Family
696
Multi-Family
8
Businesses
23
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Listed by: Keri Kluck • Lori Droessler Real Estate, In
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1998199
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.