102 E Winfield StMorrisonIL61270
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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 Morrison at 102 E Winfield St, Morrison, IL, 61270 offers a 9.47% rental yield on a $114,900 purchase with $907/mo rent. Total monthly income registers $907/mo, and a $562/mo payment leaves $110/mo available for distribution. Annual cash flow reaches $1,325/yr on $38,089 to close, and return on cash invested stands at 23.39% in year one. Equity gained on principal adds $741/yr while 5% annual appreciation supports $31,745 over five years. Portfolio math shows five-year ROI at 122.59% and total cumulative return in cash at $46,694. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $907/mo property income against a $562/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1909
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61270, Morrison, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,183 (100%) |
| Owner Occupied HU | 2,370 (74.5%) |
| Renter Occupied HU | 493 (15.5%) |
| Vacant Housing Units | 320 (10.1%) |
| Median Home Value | $172,945 |
| Average Home Value | $213,998 |
Housing Distribution
Address Breakdown
Residential
3,005
Single Family
2,947
Multi-Family
58
Businesses
223
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