Wellington 2444 Plan, Ridge CreekMahometIL61853
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Mahomet at Wellington 2444 Plan, Ridge Creek, Mahomet, IL, 61853 generates $4,147/mo in rent and, after a $2,398/mo payment, leaves $736/mo in cash flow. Total monthly income is $4,147/mo, and annual cash flow is $8,828/yr on $162,418 invested. Return on cash invested sits at 25.34% in year one, and rental yield is 10.16% on a $489,950 entry. Equity gained on principal adds $3,162/yr, while 5% annual appreciation builds toward $135,364 over five years. Five-year ROI reaches 133% and total cumulative return in cash sums $216,020. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,147/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$13 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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