Jefferson Plan, Sunset RidgeRichmondIL60071
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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
Rental property for sale in Richmond at Jefferson Plan, Sunset Ridge, Richmond, IL, 60071 priced at $460,900 converts $1,356/mo rent into after a $2,256/mo obligation. Total monthly income equals $1,356/mo. Return on cash invested prints 5.45% in year one, and rental yield reads 3.53% against a $460,900 entry. Equity gained on principal adds $2,974/yr, while 5% annual appreciation compiles into $127,338 by year five. Five-year ROI reaches 26.27% and total cumulative return in cash sums $40,136. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,356/mo property income covering a $2,256/mo payment, not borrower’s personal income.
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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