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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Wilmington at 93 Fossil Ridge Rd, Wilmington, IL, 60481 priced at $143,000 pairs $1,500/mo rent with $422/mo cash flow after a $700/mo payment. Total monthly income equals $1,500/mo, and annual cash flow comes to $5,061/yr on $47,405 invested. Return on cash invested is 30.59% in year one, and rental yield stands at 12.59% on a $143,000 basis. Equity gained on principal adds $923/yr, and 5% annual appreciation accumulates to $39,508 by year five. Five-year ROI measures 161.87% and total cumulative return in cash reaches $76,732. For financing, Ziffy Mortgage’s DSCR program evaluates $1,500/mo property income against a $700/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1996
5,662 sqft lot
$N/A/sqft
$1,035 annually HOA
Neighborhood data shown for ZIP Code: 60481, Wilmington, IL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,847 (100%) |
| Owner Occupied HU | 3,940 (67.4%) |
| Renter Occupied HU | 1,080 (18.5%) |
| Vacant Housing Units | 827 (14.1%) |
| Median Home Value | $330,893 |
| Average Home Value | $359,001 |
Residential
5,124
Single Family
4,953
Multi-Family
171
Businesses
329
Date | Event | Price |
|---|---|---|
| 2025-06-20 | Sold | $143,000 |
| 2025-05-22 | Contingent | $155,000 |
| 2025-05-07 | Listed for sale | $155,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-17 | $730.94 | 10.31% | $10,252 | 10.20% |
| 2022-10-17 | $662.62 | 2.83% | $9,303 | 4.78% |
| 2021-10-17 | $644.36 | 7.21% | $8,879 | 5.55% |
Listed by: Diane Martin • Hexagon Real Estate
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12353793
Disclaimer: Based on information submitted to the MLS GRID as of 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#17)
