Davidson Plan, Prairie SpringsMaltaIL60150
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 Malta at Davidson Plan, Prairie Springs, Malta, IL, 60150 offers a 8.49% rental yield on a $297,990 purchase with $2,108/mo rent. Total monthly income registers $2,108/mo, and a $1,459/mo payment leaves $41/mo available for distribution. Annual cash flow reaches $487/yr on $98,784 to close, and return on cash invested stands at 20.4% in year one. Equity gained on principal adds $1,923/yr while 5% annual appreciation supports $82,329 over five years. Portfolio math shows five-year ROI at 106.48% and total cumulative return in cash at $105,185. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,108/mo property income against a $1,459/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60150, Malta, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 715 (100%) |
| Owner Occupied HU | 478 (66.9%) |
| Renter Occupied HU | 161 (22.5%) |
| Vacant Housing Units | 76 (10.6%) |
| Median Home Value | $224,194 |
| Average Home Value | $265,361 |
Housing Distribution
Address Breakdown
Residential
444
Single Family
444
Multi-Family
0
Businesses
28
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