(Undisclosed Address)Willow SpringsIL60480
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
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 Willow Springs at (Undisclosed Address), Willow Springs, IL, 60480 priced at $354,900 converts $3,528/mo rent into $1,066/mo cash flow after a $1,737/mo obligation. Total monthly income equals $3,528/mo, and annual cash flow totals $12,797/yr on $117,649 invested. Return on cash invested prints 30.79% in year one, and rental yield reads 11.93% against a $354,900 entry. Equity gained on principal adds $2,290/yr, while 5% annual appreciation compiles into $98,052 by year five. Five-year ROI reaches 162.16% and total cumulative return in cash sums $190,780. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,528/mo property income covering a $1,737/mo payment, not borrower’s personal income.
Single Family
Built in 1953
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60480, Willow Springs, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,337 (100%) |
| Owner Occupied HU | 1,991 (85.2%) |
| Renter Occupied HU | 224 ( 9.6%) |
| Vacant Housing Units | 122 ( 5.2%) |
| Median Home Value | $383,333 |
| Average Home Value | $500,295 |
Housing Distribution
Address Breakdown
Residential
2,322
Single Family
1,985
Multi-Family
337
Businesses
206
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
Listed by: Lucy Mierop • RE/MAX Market
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12509755