Jefferson Plan, Preservation OaksRichmondIL60071
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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 Richmond at Jefferson Plan, Preservation Oaks, Richmond, IL, 60071 offers a 11.28% rental yield on a $495,900 purchase with $4,662/mo rent. Total monthly income registers $4,662/mo, and a $2,427/mo payment leaves $1,223/mo available for distribution. Annual cash flow reaches $14,670/yr on $164,391 to close, and return on cash invested stands at 28.83% in year one. Equity gained on principal adds $3,200/yr while 5% annual appreciation supports $137,008 over five years. Portfolio math shows five-year ROI at 151.68% and total cumulative return in cash at $249,353. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,662/mo property income against a $2,427/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: 60071, Richmond, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,809 (100%) |
| Owner Occupied HU | 1,188 (65.7%) |
| Renter Occupied HU | 498 (27.5%) |
| Vacant Housing Units | 123 ( 6.8%) |
| Median Home Value | $370,510 |
| Average Home Value | $400,069 |
Housing Distribution
Address Breakdown
Residential
1,737
Single Family
1,270
Multi-Family
467
Businesses
219
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