Truman III 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
Investment property for sale in Richmond at Truman III Plan, Sunset Ridge, Richmond, IL, 60071 offers a 3.88% rental yield on a $418,900 purchase with $1,356/mo rent. 52% in year one. Equity gained on principal adds $2,703/yr while 5% annual appreciation supports $115,734 over five years. Portfolio math shows five-year ROI at 32.02% and total cumulative return in cash at $44,470. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,356/mo property income against a $2,050/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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