101 W Market StMount CarrollIL61053
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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 Mount Carroll at 101 W Market St, Mount Carroll, IL, 61053 with 5% annual appreciation on a $295,000 basis while $1,441/mo rent supports operations. 48% in year one. Equity gained on principal adds $1,904/yr, and five-year appreciation sums $81,503 alongside rental yield of 5.86%. Five-year ROI measures 64.01% and total cumulative return in cash totals $62,594. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,441/mo property income versus a $1,444/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1899
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61053, Mount Carroll, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,379 (100%) |
| Owner Occupied HU | 905 (65.6%) |
| Renter Occupied HU | 228 (16.5%) |
| Vacant Housing Units | 246 (17.8%) |
| Median Home Value | $137,972 |
| Average Home Value | $206,536 |
Housing Distribution
Address Breakdown
Residential
1,168
Single Family
1,120
Multi-Family
48
Businesses
144
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Listed by: BRANDON BEYER • Jim Sullivan Realty
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls ID: #202505347