(Undisclosed Address)LelandIL60531
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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 Leland at (Undisclosed Address), Leland, IL, 60531 uses $59,670 cash to close to unlock $6,618/yr annual cash flow and $552/mo monthly cash flow. Total monthly income runs $1,800/mo, and a $881/mo payment keeps the spread at $552/mo. Purchase price stands at $180,000, and rental yield measures 12% with $1,800/mo rent. Return on cash invested shows 31% in year one, and 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 163.35% and total cumulative return in cash records $97,469. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,800/mo property income covering a $881/mo payment rather than investor’s personal income.
Multi Family
Built in 1904
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60531, Leland, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 779 (100%) |
| Owner Occupied HU | 597 (76.6%) |
| Renter Occupied HU | 133 (17.1%) |
| Vacant Housing Units | 49 ( 6.3%) |
| Median Home Value | $262,885 |
| Average Home Value | $279,958 |
Housing Distribution
Address Breakdown
Residential
560
Single Family
560
Multi-Family
0
Businesses
41
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.