942 High Point DrRocktonIL61072
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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 Rockton at 942 High Point Dr, Rockton, IL, 61072 offers a 9.33% rental yield on a $149,000 purchase with $1,158/mo rent. Total monthly income registers $1,158/mo, and a $729/mo payment leaves $125/mo available for distribution. Annual cash flow reaches $1,497/yr on $49,394 to close, and return on cash invested stands at 22.94% in year one. Equity gained on principal adds $961/yr while 5% annual appreciation supports $41,166 over five years. Portfolio math shows five-year ROI at 120.1% and total cumulative return in cash at $59,320. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,158/mo property income against a $729/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2001
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61072, Rockton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,483 (100%) |
| Owner Occupied HU | 3,619 (80.7%) |
| Renter Occupied HU | 702 (15.7%) |
| Vacant Housing Units | 162 ( 3.6%) |
| Median Home Value | $223,654 |
| Average Home Value | $242,539 |
Housing Distribution
Address Breakdown
Residential
4,441
Single Family
4,339
Multi-Family
102
Businesses
186
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