Ridgecrest 1600 Plan, Hunters RidgeMahometIL61853
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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 Mahomet at Ridgecrest 1600 Plan, Hunters Ridge, Mahomet, IL, 61853 with 5% annual appreciation on a $381,800 basis while $2,974/mo rent supports operations. Total monthly income totals $2,974/mo and a $1,869/mo payment preserves $317/mo for cash returns. Annual cash flow comes to $3,810/yr on $126,567 deployed, and return on cash invested reaches 22.92% in year one. Equity gained on principal adds $2,464/yr, and five-year appreciation sums $105,484 alongside rental yield of 9.35%. Five-year ROI measures 120% and total cumulative return in cash totals $151,886.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,974/mo property income versus a $1,869/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$8 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61853, Mahomet, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,053 (100%) |
| Owner Occupied HU | 4,558 (75.3%) |
| Renter Occupied HU | 997 (16.5%) |
| Vacant Housing Units | 498 ( 8.2%) |
| Median Home Value | $296,520 |
| Average Home Value | $324,365 |
Housing Distribution
Address Breakdown
Residential
5,793
Single Family
5,101
Multi-Family
692
Businesses
379
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